Brookings: Researchers Offer Reverse Mortgage Product, Underwriting Refinements

Brookings: Researchers Offer Reverse Mortgage Product, Underwriting Refinements

While reverse mortgages present a viable option for seniors to convert their home equity into a liquid financial asset, issues of supply and demand
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Western Asset Mortgage Capital Corporation Announces Third Quarter 2019 Results

5, 2019 /PRNewswire/ — Western Asset Mortgage Capital Corporation (the “Company” or “WMC”) … THIRD QUARTER 2019 FINANCIAL HIGHLIGHTS.
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Ocwen's cost savings initiatives steer it toward profitability: CEO

based independent mortgage banker lost $42.8 million for the third quarter, compared with a loss of $41.1 million one year ago; the year ago results
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New York Mortgage Trust (NYMT) Q3 Earnings and Revenues Lag Estimates

New York Mortgage Trust, which belongs to the Zacks REIT and Equity Trust … New York Mortgage Trust shares have added about 5.8% since the
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Elizabeth Warren Will Give Wall Street Something to Cry About

This is Bloomberg Opinion Today, an étouffée of Bloomberg Opinion's opinions. Sign up here. We're looking for your feedback to help improve this
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Global Connector Discrete Wire Housing Market Segment Analysis by Key Players, Drivers …

Connector Discrete Wire Housing market report provides a comprehensive overview of current trends and new product development in the global
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Did Changing Sentiment Drive Fortune Sun (China) Holdings's (HKG:352) Share Price Down A …

If you are building a properly diversified stock portfolio, the chances are some of your picks will perform badly. Long term Fortune Sun (China)
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The Wesmont Project Secures $25M in Funding

The funding comes from a 10-year Freddie Mac Unfunded Forward Permanent Loan on behalf of TWG Development. The project plans include 188
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Do Insiders Own Shares In High Fashion International Limited (HKG:608)?

With a market capitalization of HK$510m, High Fashion International is a small cap stock, so it might not be well known by many institutional investors.
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Mortgage Rates Shoot Significantly Higher

Mortgage rates were flat yesterday, but I warned that volatility could increase today. That turned out to be an understatement. Mortgage rates shot
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Bond Traders Don't Flinch. They Recalibrate.

So it stands to reason that higher yields will hurt these markets even if the … than making a profit, according to Bloomberg News's Katia Porzecanski.
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Two Harbors Investment Corp. Reports Third Quarter 2019 Financial Results

NEW YORK–(BUSINESS WIRE)–Two Harbors Investment Corp. (NYSE: TWO), a leading hybrid mortgage real estate investment trust (REIT) that
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Elkin Honored At Real Estate Conference

Bridget Elkin, a real estate advisor with Daniel Gale Sotheby's International Realty, one of the nation's leading realtors, recently received the
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Local veteran and family receive keys to mortgage-free home

The home was donated mortgage-free by the Veterans Association Real Estate Professionals (VAREP) in partnership with Nevada Housing Division.
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China's waning appetite for stimulus weighs on global economy

After 2015 Beijing encouraged mortgage lending and a state-funded slum renovation campaign which saw 100m people rehoused. But now Beijing
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Australia's Housing Market Take-Off Is Not Helping the Economy

Australia's property market is taking off again, but with few positive economic spillovers. Just look at the earnings report of the nation's largest building
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Housing Finance Reform under FHFA Director Calabria

Despite congressional action on the government-sponsored enterprises Fannie Mae and Freddie Mac appearing as unlikely as ever, 2019 has seen
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Player hits for $257K on slots at Jean casino

It's the second six-figure win on a Wheel of Fortune machine in Southern Nevada in the past eight days. On Oct. 28, a player connected for
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Stocks in the news: PCJ, DHFL, Titan, Indiabulls Housing, JSPL and Tata Steel

DHFL: The company has urged its two top lenders, SBI and Union Bank, to help lift a moratorium on repayments so that the stressed mortgage lender
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Risk Aversion: How failed bank loans have led to a credit crisis for India's small biz

Four summers have passed since, and India has made some progress on bringing banking to those hitherto excluded from formal financing. Jan Dhan
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