Reverse-Mortgage Defaults Increasing – Wall Street Journal


Reverse-Mortgage Defaults Increasing
Wall Street Journal
Reverse mortgages allow people age 62 or older to convert their home equity into cash. The homeowner can elect to receive a lump sum, a line of credit or monthly payments. With a conventional loan, such as a home-equity line of credit, a borrower can

and more »

reverse mortgage loans – Google News

Reverse Mortgage Volume Falls Slightly as Lenders Contend for Top 10
Reverse Mortgage Daily
Reverse mortgage volume fell 1.2% month over month in April to a total of 5,770 loans. While marking a slight decline, April still marked the second best month for volume in the past year, according to the latest data from the Department of Housing and
Reverse Originations Off as Lender Count HoldsMortgage Daily

all 4 news articles »

reverse mortgage loans – Google News

HUD to Sell 20000 Distressed Loans To Drive FHA Recovery
Reverse Mortgage Daily
The Department of Housing and Urban Development will sell 20,000 distressed loans this summer through its Distressed Asset Stabilization Program in an effort to help shore up the Federal Housing Administration insurance fund. In addition to bolstering

and more »

reverse mortgage loans – Google News

Friday Round-Up: Walter Closes S1L Deal, Silvergate Buys More Reverse
Reverse Mortgage Daily
Reverse mortgage volume fell, just slightly, in April. Endorsements tracked by the Department of Housing and Urban Development fell 1.2% to 5,770 reverse mortgage loans, still marking the second highest monthly volume in the past 12 month period,

reverse mortgage loans – Google News

A bit of humor...


Powered By WPHumor

You can leave a response, or trackback from your own site.

Leave a Reply