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CFPB official talks reverse mortgage safety, counseling resources
HousingWire via Yahoo Finance· 1 day ago“There, scammers try to convince the reverse mortgage borrower to sign a power of attorney that...
What are the pros and cons of a reverse mortgage, and is it right for me?
CNN.com· 4 days agoTapping your home’s equity with a reverse mortgage may sound like the ideal way to supplement your...
When is a reverse mortgage the best home equity option? Experts weigh in
CBS News· 6 days agoOne home equity option many older homeowners are considering is a reverse mortgage, which allows...
The long road to remote reverse mortgage counseling in Massachusetts - HousingWire
HousingWire· 6 days agoFrom 2010 to 2024, the reverse mortgage industry sought to allow remote reverse mortgage counseling...
NYCB falls as profitability comes into focus after $5 billion loan sale
Reuters via Yahoo Finance· 6 days ago(Reuters) -New York Community Bancorp's shares reversed course to trade down 4% as a deal to sell $5...
Iowa Adopts Mortgage Servicer Prudential Standards | JD Supra
JD Supra· 1 day agoEffective July 1, Iowa House File 2392 (the “Iowa Law”) enacts mortgage servicer prudential standards (codified in Chapter 535B of the Iowa Code) that largely follow those ...
Homeowners given hope of THREE interest rate cuts this year by a new report by leading economists
Evening Standard via Yahoo News· 6 hours ago“(IMF) Staff’s recommendation of about 50-75 bps...0.5 to 0.75 percentage points) in 2024 is aimed...
Should I use a home equity loan to buy a car?
Bankrate via Yahoo Finance· 4 days agoFor one, you might end up needing that equity in an emergency. For another, you might find you’ve taken on too much debt, in-between your first mortgage...
Financial Services Roundup: Market Talk
The Wall Street Journal· 1 hour ago0458 ET – Schroders’s fund performance provides confidence in its flows outlook, UBS says in a note raising its rating to buy from neutral. Its three and...
FOA’s Resch on the evolution of reverse mortgages for financial planning - HousingWire
HousingWire· 4 days agoAdvisers have read this, and they are hearing the messaging. One thing about advisers is that they...
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