• So far, the cuts in fees apply mainly to one type of reverse mortgage: the plain-vanilla fixed-rate "home-equity conversion mortgage, " which is backed by the Federal Housing Administration and is paid out to the borrower as a lump sum.

    WSJ: Reverse Mortgages Now Look Cheaper

  • Inmarsat is also entering a new field, the fixed satellite business ("fixed" refers to the customer, not the satellite) and will access very-small-aperture terminals (VSATs) of the type maintained by fixed satellite service purveyors like Intelsat.

    FORBES: Down To Earth

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