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CFPB official talks reverse mortgage safety, counseling resources
HousingWire via Yahoo Finance· 3 days agoIn addition, if a consumer has concerns or questions about a reverse mortgage, a loan product, they...
What are the pros and cons of a reverse mortgage, and is it right for me?
CNN.com· 6 days agoTapping your home’s equity with a reverse mortgage may sound like the ideal way to supplement your...
Why equity-tapping challenges may make reverse mortgages ‘inevitable’
HousingWire via Yahoo Finance· 2 days agoTraditional equity-tapping methods — such as selling the home or taking out a home equity loan —...
First-time homebuyers aren't buying until mortgage rates drop. It could be a long wait.
USA TODAY via Yahoo Finance· 1 day agoHomebuilders are offering incentives. One is a rate buydown. A buydown might lower a 7% mortgage...
Small Business - The Brewton Standard | The Brewton Standard
The Brewton Standard· 6 days agoA reverse mortgage is a novel financial strategy that enables homeowners aged 62 and up to turn a portion of their home equity into cash without having ...
China to Let Local Governments Buy Homes, Cut Mortgage Rates to Revive Property Sector
US News & World Report· 6 days agoChina will cut interest rates of mortgage loans and down-payment ratios for homebuyers to boost lacklustre property demand, according to three statements released by its central ...
Older Americans are ‘splurging’ on home modifications to support aging in place
HousingWire via Yahoo Finance· 20 hours agoReverse mortgage companies in the past have engaged in renovation partnerships, and they have...
4 Ways Baby Boomers Become ‘House Poor’ in Retirement
GOBankingRates via Yahoo Finance· 4 days agoThere are approximately 72 million baby boomers alive in the United States, as of 2019. Many of...
Fintech: Catch up quick
Axios· 6 days agoWhy it matters: The CFPB was created in the wake of the 2008 financial crisis and plays a crucial role in regulating things likemortgages and car loans,...
High court sides with Consumer Financial Protection Bureau on funding
Federal Times· 7 days agoThe Supreme Court on Thursday rejected a conservative-led attack that could have undermined the...