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US Approves Freddie Mac Pilot Program to Buy Second Mortgages
Bloomberg via Yahoo Finance· 6 hours ago(Bloomberg) -- US regulators have authorized a pilot program for housing giant Freddie Mac to buy...
South River president on 2024 reverse mortgage industry’s competitive landscape - HousingWire
HousingWire· 52 minutes agoTop 10 reverse mortgage industry lender South River Mortgage is aiming to focus on its strengths. In...
CFPB Imposes Bans from Reverse Mortgage Servicing, $11.5 Million Restitution, and $5 Million in...
JD Supra· 15 hours agoHECM contract holder and two of its subcontractor's subsidiaries are permanently banned from reverse mortgage servicing activities. Respondents must pay $11.5 million to reverse ...
When Does a Reverse Mortgage Make Sense? A Look at the Pros and Cons
US News & World Report· 4 days agoReverse mortgages can be good for aging in place and supplementing retirement income. Reverse mortgages are loans for homeowners age 62 and older with significant ...
Here Are Today's Refinance Rates: June 24, 2024—Rates Inch Down
Forbes· 6 hours agoThe rate on a 30-year fixed refinance decreased today. Refinancing rates for a 30-year, fixed-...
Troubled loan trend reaches high-profile Fairview Park building - Washington Business Journal
The Business Journals· 4 days agoGreystone, the special servicer, will work with the borrower and lender to begin discussions about...
Should you use a HELOC to pay your kid's college tuition?
Detroit News· 1 day agoMortgage Technology estimated that American homeowners are sitting atop roughly $11 trillion dollars in tappable equity. A home
How much is a down payment on a house?
Bankrate via AOL· 5 days agoWith other mortgages, though, a lower credit score likely won’t give you access to the most competitive rates...make you an attractive borrower to...
What is an unsecured loan?
Bankrate via AOL· 4 days agoThe lender won’t approve a secured loan if a borrower doesn’t agree to provide an asset as insurance. Secured loans exist for financing options...
Should I get a personal loan? Here are the pros and cons
Bankrate via AOL· 4 days agoThat can make it difficult to get approved for mortgages and car loans. Should I get a personal loan...
