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The need for the reverse mortgage product years down the road will be great if Americans are not, can not or will not save money for retirement. A number of studies in recent months expresses the doubts that many current working people have regarding financing their retirement years.
May 18 -
The delinquency rate on loans included in U.S. commercial MBS inched up six basis points in April to 9.22%, according to a new report from Moody's Investors Service.
May 18 -
The Consumer Financial Protection Bureau is set to release Wednesday two prototypes for a single, streamlined mortgage disclosure form.
May 18 -
As home prices fall again and regulatory reforms take hold, long-simmering tensions between mortgage lenders and appraisers are flaring up anew.
May 18 -
California existing home sales were down nearly 3% between March and April but up 5% from April 2010 on a seasonally adjusted basis, data from the California Association of Realtors shows.
May 17 -
News of the retirement of Mark Oman as the head of the mortgage group at Wells Fargo reminds us that the career of this unassuming mortgage banker has been exceptional.
May 17 -
A new high-rise has begun pre-sales on the Atlantic Ocean between Ft. Lauderdale and Miami Beach, a possible sign that the Southeast Florida market is starting the recovery process.
May 17 -
Every week it seems another state outlaws private transfer fees. The latest is Indiana, where governor and possible Republican presidential candidate Mitch Daniels has signed legislation to ban the charges.
May 17 -
Affordable financing will be a challenge in the near and the distant future. The very slow recovery from the overall economic crisis has initiated a new era of affordable housing incentives.
May 17 -
Marketing your mortgage origination business should be a year-round event. But, according to Chase's Annual List of Events, it takes on an even bigger prominence in June.
May 17
National Mortgage News





