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CFPB takes enforcement action against former HECM servicing contractor
HousingWire via Yahoo Finance· 2 days ago“NOVAD was a prime contractor that entered into a series of contracts with [HUD] to provide loan...
Should retirees use their homes to pay bills?
Bankrate via AOL· 10 hours 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...
Is a Reverse Mortgage a Good Idea?
GoBankingRates via AOL· 3 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...
What happens to your mortgage after you die?
AOL· 2 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...
South River president on reverse mortgage business, data science and priorities - HousingWire
HousingWire· 6 days agoTyler Plack: We just finished out May, and I thought the May results were very good. The reception...
Deed in Escrow | JD Supra
JD Supra· 23 hours agoIs a “deed in escrow,” sometimes referred to as a “deed in a box,” enforceable in New York? A “deed in escrow” transaction affords a lender a seemingly quick and easy avenue towards taking title ...
New records from Ginnie Mae, HUD filed in TCB case - HousingWire
HousingWire· 5 days agoThe filing, posted to the court docket on Thursday, shows the immediate bankruptcy concern of...
Ginnie Mae seeks venue change in Texas Capital Bank reverse mortgage dispute - HousingWire
HousingWire· 3 days agoThis is according to court filings reviewed by HousingWire’s Reverse Mortgage Daily (RMD). The...
Home equity levels are near record highs. Here are 5 ways to access it.
CBS News· 2 days agoThanks to a mix of sustained demand and low inventory levels, the average homeowner has experienced...
Mortgage Originator Texaslending.com Files for Bankruptcy
The Real Deal· 2 days agoThe paperwork was filed by CEO Kevin Miller, who founded Texaslending.com in 2001 and appears in the...