Is The Reverse Mortgage A Viable Option?

Is The Reverse Mortgage A Viable Option?

The reverse mortgage or more properly the Home Equity Conversion Mortgage (HECM) has been around for a while. In an age of low interest rates it
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GTA Rental Market: Trouble for Airbnb Condo Owners, Relief for Renters

“Toronto's labour market will be hit hard by the pandemic this year,” … He notes that, “Real estate investments are still seen as a stable investment with
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34 Bipartisan Attorneys General Tell Congress To Pass Marijuana Banking As Part Of Coronavirus …

The letter goes on to say that passing the Secure and Fair Enforcement (SAFE) Banking Act as part of coronavirus relief legislation would not represent
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Regulators ease restrictions on homeowners in coronavirus mortgage bailout program

Yet on Tuesday, the director of the Federal Housing Finance Agency announced that borrowers may now refinance or buy a home with a new mortgage
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Macau banking sector's non-local business share rebounds in Q1

The proportion of non-local business in Macau's banking sector rebounded in the first quarter, the Macau Monetary Authority (AMCM) said in a
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Mortgage servicers failed homeowners during the last recession. Let's not let that happen again.

Tens of millions of Americans with mortgages have been put in a tough spot by the coronavirus crisis. Many more consumers will likely seek
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Mortgage marketer David Arnett to speak at engage.marketing in June

Amid the coronavirus pandemic and shifts in lending standards, marketing a mortgage company this year requires nimbleness and working across
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Coronavirus chill drops home sales 31.5% in Southern California

“The housing market is expected to remain sluggish for the next couple of months as potential market participants deal with the impact of stay-in-place
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Just Released: Six Timeless Tenets of Extraordinary Banks

Just Released: Six Timeless Tenets of Extraordinary Banks. A Special Bank Director & nCino Report Focused On Bank Strategy.
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April Saw the Smallest Number of Monthly Housing Transactions in 35 Years

This ratio is at a level consistent to keep the current market, however, marred by COVID, in the sellers' favour. READ: 17 Real Estate Forecasts and
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Savills forecasts investor trends likely to outlast Covid-19

Savills has examined the key trends set to determine future global real estate investment activity in a series of articles and interviews launched today
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Santander Settles Predatory Auto-Lending Claims for $550 Million

The settlement, announced Tuesday, resolves charges that one of the largest subprime auto lenders in the U.S. made loans borrowers couldn't afford to
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The messaging tool that let Happy State Bank take its lending online

Happy State Bank normally prides itself on serving customers personally rather than relying on technological interactions, but times have changed.
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The worst 14 new car trends which must be STOPPED!

The worst 14 new car trends which must be STOPPED! … grilles can look a bit silly on cars that don't have as much bodywork real estate to play with.
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New banking regulations threaten press freedom in Turkey

Now, recently introduced banking regulations pose new threats for reporters covering economic developments in the country amid the coronavirus
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Mnuchin Plans to Allocate All $454 Billion for Lending Facilities

Treasury Secretary Steve Mnuchin says he plans to allocate all the $454 billion that Congress allocated for emergency lending facilities. He testifies
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Refi boom fuels hiring by mortgage firms during the downturn

“One of the things that the mortgage industry is going to be able to offer to the economy right now is refinancing borrowers into lower interest rates,” said
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Those doing digital mortgage closings nearly double during coronavirus

The number of settlement services providers performing digital mortgage loan closings nearly doubled since last fall, driven by the need for lenders to
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Texas Amends Residential Mortgage Loan Originator Licensing Provisions | Weiner Brodsky Kider …

… Title 7 of the Texas Administrative Code to reduce residential mortgage loan originators' (RMLOs) application and annual renewal fees and update
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Owners of CMBS mortgage encumbered properties: Beware of lessons learned

We learned a lot about commercial mortgage backed securities (CMBS) loans, and the servicing companies that held them, when the Great Recession
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