How the Reverse Mortgage Industry Can Adapt to Higher Interest Rates

How the Reverse Mortgage Industry Can Adapt to Higher Interest Rates

NEW YORK — In a time of increasing interest rates, reverse mortgage brokers and lenders have a wide variety of options to thwart the potential
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Mortgage rates down for third straight week

From Freddie Mac's weekly survey: The 30-year fixed rate improved, landing at 4.10 percent, four basis points better than last week's 4.14 percent.
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Mortgage Broker Specializing in Renovation & Construction Loans

As a mortgage brokerage firm, we work with 60 different lenders ranging from big Canadian banks to small investment funds in order to accommodate
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ElmTree buys $74 million in real estate, 1 O'Fallon property

​ElmTree Funds, a St. Louis-based real estate private equity firm led by Managing Principal Jim Koman, has acquired a portfolio of health care,
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Mortgage Loan Essentials You Need to Know

A mortgage loan is many homeowners' single biggest bill each month, and nailing the right payment amount can allow you to reach longer-term
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Too much competition, too few workers, but Philly manufacturers are still hopeful

Randi M. Hershgordon, managing director of Context Business Lending LLC, spoke about manufacturing finance Thursday at a gathering on the state
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Financier held for lending money against passports

BENGALURU: THE CCB police have arrested a 42-year-old shop owner on charges of lending money to African nationals against their passports and
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A surge in Oahu pending sales signifies strong April real estate activity

Locations also released its monthly residential real estate figures this week, reporting a slightly higher figure of $755,000 for single-family homes.
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Harder for Australians to pay off mortgage by retirement than ever

Australia is the world's most indebted country and more older Australians will now retire with a mortgage debt than ever before, a new report shows.
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Here's why Elevate's IPO price was cut in half this morning

When Elevate Credit tried going public early last year, the prospect of a subprime lender selling a growth story to investors was such a nonstarter that
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Real estate notebook: Lennar tops Twin Cities homebuilders list again

For the 11th year in a row, Lennar was the biggest homebuilder in the Twin Cities metro last year, according to the annual ranking by the Builders
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Ousted Lending Club CEO Laplanche launches rival platform

A year after being forced out of Lending Club, the firm's founder Renaud Laplanche is back with a new online lending platform and $60 million in
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How Laplanche's new venture differs from Lending Club

Renaud Laplanche left Lending Club under a cloud of suspicion. Now the pioneering CEO is back in the game with the launch of a new online lending
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Former LendingClub CEO Renaud Laplanche launches new online lender

N) in May, has launched a new online lender called Upgrade, the company said on Thursday. San Francisco-based Upgrade has raised $60 million in
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