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CFPB takes enforcement action against former HECM servicing contractor - HousingWire
HousingWire· 6 days agoThe actions were taken against Pittsford, New York-based Sutherland Global and Landover,...
Montana aims to remind seniors about its ‘reverse annuity mortgage’
HousingWire via Yahoo Finance· 3 days agoThe Montana...homes,” she said. “Eligible homeowners can borrow a minimum of $15,000 up to a maximum...
CFPB Cracks Down on Mortgage Servicers, Alleging Harmful Practices Against Older Homeowners
The National Law Review· 2 days agoOn June 18, the CFPB settled enforcement actions (found here and here) against two mortgage...
Compare current mortgage rates
Fortune via AOL· 3 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...
What happens to your mortgage after you die?
AOL· 6 days agoHow you set up your will and estate plan can make a big difference in what happens to your mortgaged home after you die — and how much of an asset you’re...
4 Ways Baby Boomers Become ‘House Poor’ in Retirement
GOBankingRates via Yahoo Finance· 13 hours agoThere are approximately 72 million baby boomers alive in the United States, as of 2019. Many of...
Should retirees use their homes to pay bills?
Bankrate via Yahoo Finance· 5 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...
Looking for a low mortgage rate? Pay attention to these 3 upcoming dates
CBS News· 3 days agoMortgage interest rates plummeted to near-record lows in 2020 thanks to the pandemic and interest...
Ginnie Mae seeks venue change in Texas Capital Bank reverse mortgage dispute - HousingWire
HousingWire· 7 days agoThis is according to court filings reviewed by HousingWire’s Reverse Mortgage Daily (RMD). The...
Home equity levels are near record highs. Here are 5 ways to access it.
CBS News· 6 days agoThanks to a mix of sustained demand and low inventory levels, the average homeowner has experienced...
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