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Reverse, forward mortgage associations urge full funding for Ginnie Mae - HousingWire
HousingWire· 56 minutes agoThe content of the full letter, reviewed by HousingWire’s Reverse Mortgage Daily (RMD), calls for...
South River president on 2024 reverse mortgage industry’s competitive landscape - HousingWire
HousingWire· 1 day agoIn addition to offering a proprietary reverse mortgage product option and transitioning last year...
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 ...
What happens when you pay off your mortgage?
Bankrate via Yahoo Finance· 1 day agoYou can sell your home, cashing in your ownership stake in full (via the proceeds). Or you can access just part of your ownership stake, borrowing...
CFPB Cracks Down on Mortgage Servicers, Alleging Harmful Practices Against Older Homeowners
The National Law Review· 4 days agoOn June 18, the CFPB settled enforcement actions (found here and here) against two mortgage...
Is a HELOC or home equity loan better to borrow $80,000?
CBS News· 1 day agoWith just over $300,000 worth of equity, the average homeowner has a significant amount of money...
Compare current mortgage rates
Fortune via AOL· 4 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...
Looking for a low mortgage rate? Pay attention to these 3 upcoming dates
CBS News· 4 days agoMortgage interest rates plummeted to near-record lows in 2020 thanks to the pandemic and interest...
Top Fed Official Doesn’t Expect Lower Interest Rates This Year
Forbes· 17 hours agoA high-ranking member of the Federal Reserve’s policy-setting committee said Tuesday she does not...
Should retirees use their homes to pay bills?
Bankrate via Yahoo Finance· 6 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...