It seems that the mortgatge crisis is hitting not just the middle class and new home owners these days but the rich and famous as well. A notice of default was filed on Ed McMahons hollywood mansion. About 18 months ago Ed Mcmahon broke his neak leaving him unable to work. In the current credit crunch refinancing the 5.75 milli

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Reverse mortgages have become popular over this past couple of years as a way of raising some much needed cash flow! If you have a home that's paid off, or almost paid off, a reverse mortgage can help you live better by providing a steady stream of dependable income.

This type of mortgage is called a reverse mortgage becaus

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