Search results
CFPB official talks reverse mortgage safety, counseling resources
HousingWire via Yahoo Finance· 4 days agoIn addition, if a consumer has concerns or questions about a reverse mortgage, a loan product, they...
Why equity-tapping challenges may make reverse mortgages ‘inevitable’
HousingWire via Yahoo Finance· 3 days agoTraditional equity-tapping methods — such as selling the home or taking out a home equity loan —...
HECM study examines borrower trends over two decades - HousingWire
HousingWire· 12 hours agoThe study, released late last year, examined three core elements of HECM program effectiveness...
First-time homebuyers aren't buying until mortgage rates drop. It could be a long wait.
USA TODAY via Yahoo Finance· 2 days agoHomebuilders are offering incentives. One is a rate buydown. A buydown might lower a 7% mortgage...
3 ways to borrow $10,000 of home equity (and 2 ways to avoid) right now
CBS News· 16 hours agoIn today's high interest rate environment, credit cards, personal loans and standard lines of credit...
Vindicated by Supreme Court, CFPB director says bureau will add staff, consider new rules on banks
KLAS Las Vegas· 7 days agoNEW YORK (AP) — Since its creation roughly 14 years ago, the Consumer Financial Protection Bureau...
‘Not HELOC. Not piggyback.’ Freddie Mac exec defends new product proposal amid resistance -...
HousingWire· 12 hours ago“What we are bringing forward, called closed-end second lien, assuming a FHFA approval, will provide...
4 Ways Baby Boomers Become ‘House Poor’ in Retirement
GoBankingRates via AOL· 5 days agoThere are approximately 72 million baby boomers alive in the United States, as of 2019. Many of...
Fintech: Catch up quick
Axios· 7 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,...
Older Americans are ‘splurging’ on home modifications to support aging in place
HousingWire via Yahoo Finance· 2 days agoReverse mortgage companies in the past have engaged in renovation partnerships, and they have...