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How to Escape From a Zombie Mortgage
US News & World Report· 5 days agoA zombie mortgage is generally an old second mortgage that unexpectedly resurfaces after you'd thought it had been resolved. Whatever other action you decide to take, don't ignore a zombie mortgage ...
When Does a Reverse Mortgage Make Sense? A Look at the Pros and Cons
US News & World Report· 5 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 home equity. What Is a Reverse Mortgage?
View From My Door – Home Sweet Home
Las Vegas Review-Journal· 1 day agoThere is no right answer. However, there is one wrong answer – if one decides to borrow money that they simply cannot afford. Today, the number of...
CFPB Imposes Bans from Reverse Mortgage Servicing, $11.5 Million Restitution, and $5 Million in...
JD Supra· 1 day 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 mortgage borrowers ...
The Most Rent-Burdened Midwest City Is in a Key Swing State, Posing Challenges for Biden's 2024...
San Francisco Chronicle· 5 days agoEach April, when the local energy company again starts shutting off late-paying customers after its...
River Walk property for boutique hotel sells at foreclosure auction
San Antonio Express-News· 5 days agoA sliver of land overlooking the San Antonio River Walk that had been eyed for a boutique hotel has...
Home equity levels are near record highs. Here are 5 ways to access it.
CBS News· 7 days agoThanks to a mix of sustained demand and low inventory levels, the average homeowner has experienced...
Should you use a HELOC to pay your kid's college tuition?
Detroit News· 2 days agoIf you're a homeowner, you might be eying your home equity, the current value of your home minus the amount still owed on your mortgage. College tuition has been on the rise ...
A lack of estate planning contributes to the racial wealth gap in homeownership. How JPMorgan is...
CNBC· 7 days agoOne such issue, known as heirs' property, happens when homeowners die without a will and informally...
Housing Market 2024: 6 Factors To Consider Before Selling Your Home
GOBankingRates via Yahoo Finance· 5 days agoSo you're thinking of selling your home, but you're not totally sure yet. Maybe the size of your...