FOA reverse volume up 21% as home equity demand expands
Finance of America grew its reverse mortgage business significantly in the second quarter, despite posting a $29 million loss during the period.Processing ContentFunded...
Mortgage Rates Get Much Needed Relief Thanks to a Taco?
Well, it looks like mortgage rates will continue to avoid the dreaded 7-handle.This time, thanks to a taco.Ultimately, the core driver of mortgage...
Slow housing market largely ends need for buyers to write personal letters to sellers
As part of their offer on a Toronto homelast month, Jarrod Armstrong asked his clients to write a personal letter to the seller.Â
Wedding Gift Funds Can Help Borrowers Qualify For A Mortgage
Wedding Gifts May Be Considered Acceptable Mortgage FundsMany borrowers receive substantial monetary gifts from family and friends during wedding celebrations. One common concern...
HUD reopens $454M reverse-mortgage pool for bids Sept. 1
The Department of Housing and Urban Development will begin considering bids in September for the auction of 5,500 units in two separate reverse-mortgage...