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Montana aims to remind seniors about its ‘reverse annuity mortgage’
HousingWire via Yahoo Finance· 1 day 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· 1 day agoOn June 18, the CFPB settled enforcement actions (found here and here) against two mortgage...
Is a Reverse Mortgage a Good Idea?
GoBankingRates via AOL· 7 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...
CFPB takes enforcement action against former HECM servicing contractor
HousingWire via Yahoo Finance· 5 days ago“NOVAD was a prime contractor that entered into a series of contracts with [HUD] to provide loan...
Retirees: How to Qualify for a Mortgage Without a Paycheck
TheStreet.com· 6 days agoTraditional mortgage requirements can feel daunting in retirement. Discover two alternative methods!
What happens to your mortgage after you die?
AOL· 5 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...
Looking for a low mortgage rate? Pay attention to these 3 upcoming dates
CBS News· 2 days agoMortgage interest rates plummeted to near-record lows in 2020 thanks to the pandemic and interest...
Should retirees use their homes to pay bills?
Bankrate via Yahoo Finance· 3 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...
Compare current mortgage rates
Fortune via AOL· 2 days 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...
Miliband vows to scrap 2035 Tory ban on new gas boilers
The Telegraph via Yahoo News· 13 hours agoAlongside extending subsidies, Labour plans to back the creation of green mortgages, which could see...