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Only 14% of retirees have even considered a reverse mortgage, and only one person out of 1,000 polled actually entered into one, according to the American College of Financial Services.
May 23 -
Here's a look at the 10 markets with a population of more than 500,000 that had the largest growth in home sales activity on a per capita basis during the first quarter, based on data from RealtyTrac.
May 23 -
Ninety-two percent of homebuyers are reviewing their mortgage documents before closing on the loan since the Truth-in-Lending Act/Real Estate Settlement Procedures Act integrated disclosures, or TRID, went into effect in October, versus 74% previously, a survey by the American Land Title Association found.
May 23 -
Ares Capital, the publicly traded lender managed by alternative-investment firm Ares Management, will acquire American Capital Ltd. in a deal valued at $3.4 billion.
May 23 -
Home sales growth has been tepid nationwide thanks largely to a cooling down of the housing market in the West, according to an analysis from Summit Valuations.
May 23 -
New York luxury-condo builder Extell Development Co. says its taking longer than expected to obtain construction financing for its One Manhattan Square project as lenders pull back from the market.
May 20 -
Listings for new homes fell 1.1% in April, the first year-over-year drop since August 2014, according to the real estate brokerage Redfin.
May 20 -
Presumptive Democratic nominee Hillary Clinton appears likely to embrace a recent plan to merge Fannie Mae and Freddie Mac into a single government corporation if she wins the White House.
May 20 -
ISGN Corp. has completed the sale of its business process outsourcing unit to Firstsource Group USA, a subsidiary of the Indian firm RP-Sanjiv Goenka Group.
May 20 -
Now that it has the green light to expand its role in multifamily housing, Freddie Mac is looking at more ways to shift the credit risk on apartment building mortgages that it insures.
May 20


