In this article, we share a timeline of our monthly "bites" for 2024 applicable to the mortgage industry. There was also a flurry of ...

The bureau recently published a report about home equity investments, and it filed an amicus brief with a court to state its ...

I joined a support group for procrastinators. We haven't met yet.” Lenders and vendors are certainly meeting here in Austin. What’s going on out there? There’s endurance. Congratulations to my son ...

On January 15, 2025, the Consumer Financial Protection Bureau (“CPFB” or the “Bureau”) took three coordinated actions related to home equity ...

620 3% Conforming, FHA, VA, USDA, jumbo, new construction, renovation, reverse mortgages Overview of PrimeLending PrimeLending operates in all 50 states and Washington, D.C. It also has physical ...

Pekic / Getty Images A reverse mortgage is a special type of lending arrangement for homeowners age 62 or older. Reverse mortgages allow homeowners to draw from their home equity without having to ...

For senior homeowners, one viable option is a reverse mortgage, which is a unique type of mortgage that allows individuals aged 62 or older to convert a portion of their home equity into cash.

With over three years of experience writing in the housing market space, Robin Rothstein demystifies mortgage and loan concepts, helping first-time homebuyers and homeowners make informed ...

A reverse mortgage allows seniors to access cash from the equity they've amassed in their home. It can be an appealing prospect: You retain ownership of the property and the funds don't have to ...

The Kumbh festival, rooted in ancient Indian mythology, symbolizes the quest for immortality and the philosophical insights of Vedanta. Understanding the deeper meanings behind its stories leads ...

In a reverse mortgage, the lending institution pays the homeowner with the expectation that the loan will be paid off when the owner dies or moves, using the home’s sale to repay the debt.

WaFd said it was exiting the single-family mortgage lending market, saying it no longer feels it can offer products and services to customers where it can add value in the mortgage sector.