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Montana aims to remind seniors about its ‘reverse annuity mortgage’
HousingWire via Yahoo Finance· 9 hours agoThe Montana...homes,” she said. “Eligible homeowners can borrow a minimum of $15,000 up to a maximum...
CFPB Cracks Down on Mortgage Servicers, Alleging Harmful Practices Against Older Homeowners
The National Law Review· 7 hours agoOn June 18, the CFPB settled enforcement actions (found here and here) against two mortgage...
Looking for a low mortgage rate? Pay attention to these 3 upcoming dates
CBS News· 12 hours agoMortgage interest rates plummeted to near-record lows in 2020 thanks to the pandemic and interest...
Compare current mortgage rates
Fortune via AOL· 12 hours agoKeeping an eye on mortgage rates as you plan to buy your first home, upgrade or downgrade the size of your house, or refinance? Here are the current...
CFPB takes enforcement action against former HECM servicing contractor
HousingWire via Yahoo Finance· 3 days ago“NOVAD was a prime contractor that entered into a series of contracts with [HUD] to provide loan...
Is a Reverse Mortgage a Good Idea?
GoBankingRates via AOL· 5 days agoHomeownership is the foundation for many financial outlooks or the jumping-off point for what money moves you can make in retirement. Borrowing against...
Compare the best HELOC rates in June 2024
CNN.com· 5 days agoIf you’re among homeowners looking to tap home equity, you may be closely watching home equity line of credit (HELOC) rates (and mortgage refinancing...
What happens to your mortgage after you die?
AOL· 4 days agoHow you set up your will and estate plan can make a big difference in what happens to your mortgaged home after you die — and how much of an asset you’re...
How to Buy Fannie Mae Stock (FNMA) | The Motley Fool
The Motley Fool· 12 hours agoThe Federal National Mortgage Association (FNMA), or Fannie Mae (FNMA -11.54%) as it's known, is a government-sponsored company formed in 1938 to help...
Should retirees use their homes to pay bills?
Bankrate via Yahoo Finance· 2 days agoCash-out refinance If you still have a mortgage, you can also access your home equity with a cash-out refinance, which replaces your existing loan with...
