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CFPB takes enforcement action against former HECM servicing contractor
HousingWire via Yahoo Finance· 48 minutes ago“This caused systematic failures to respond to thousands of homeowner...including losing out on home...
After retirement, reverse mortgage pro goes from LO to customer - HousingWire
HousingWire· 22 hours agoJim Cullen, who recently retired as a reverse mortgage originator, shares his experience on becoming...
Is a Reverse Mortgage a Good Idea?
GoBankingRates via AOL· 2 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...
Two major reverse mortgage lenders to sponsor financial planner conference - HousingWire
HousingWire· 5 days agoPlano, Texas-based Finance of America (FOA), currently the industry leader in the reverse mortgage...
Home equity levels are near record highs. Here are 5 ways to access it.
CBS News· 2 hours agoThanks to a mix of sustained demand and low inventory levels, the average homeowner has experienced...
Housing market confidence starting to dip, say surveyors
PA Media: Money via Yahoo Finance· 6 days ago(PA Graphics) Tarrant Parsons, Rics senior economist, said: “The recent recovery across the UK...
New Zealand mayor slammed for recommending reverse mortgages - HousingWire
HousingWire· 6 days agoA mayor in a region of New Zealand, who recently suggested using reverse mortgages to fund various cost-of-living increases faced by the nation’s retirees ...
Consumer, industry groups sound alarm over elder financial abuse
HousingWire via Yahoo Finance· 4 days ago“Addressing elder real estate fraud necessitates a collective effort,” Greene said. “NAR continues...
Housing demand wanes as buyers bank on rate cut
BBC via AOL· 5 days agoIt...Surveyors (RICS) found that demand had weakened in May. Tarrant Parsons, senior economist at RICS, said a recent recovery in the housing market...
UK housing market falters as rate cut hopes fade, RICS survey shows
StreetInsider· 6 days agoThe Royal Institution of Chartered Surveyors' monthly net balance of house prices fell to -17 from a downwardly revised -7 in April, marking the lowest reading since January. Stronger-than-expected ...