Stories By Christine Layton
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Investment
New Reverse Mortgage Rules Take Effect in August to Keep Surviving Spouses in Home
Jun 18, 2014Starting August 4, new reverse mortgage rules will take effect allowing surviving non-borrowing spouses of borrowers...
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Investment
SunTrust Reaches $1 Billion Settlement Over Mortgage Servicing Abuse Claims
Jun 18, 2014A $1 billion settlement has been reached with California and other state and federal agencies over...
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Investment
Mass Exit of Baby Boomers from Existing Housing Seems Unlikely Soon
Jun 16, 2014Despite years of speculation of a shift in housing as baby boomers retire, most seem unlikely...
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Investment
Ohio Supreme Court Rules Payday Loans Legal Despite 2008 Law
Jun 13, 2014On Wednesday, the Ohio Supreme Court ruled that a two-week loan to an Elyria man imposing...
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Investment
Credit Loosens for Jumbo and FHA Mortgages
Jun 6, 2014Mortgage credit was slightly more available in May than in April, according to the Mortgage Bankers...
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Investment
FHA Reveals “Blueprint for Access” for Improving Access to Underserved Home Buyers
May 15, 2014This week, the Federal Housing Administration revealed its “Blueprint for Access,” which outlines steps the agency...
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Investment
Two Democrat Senators Express Concerns Over How Reverse Mortgage Rules Affect Heirs
May 1, 2014Two lawmakers are attempting to protect the rights of heirs who inherit homes from parents who...
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Investment
Pooled MLS Listings in California Create New Opportunities for Realtors and Buyers
May 1, 2014A new agreement between California Regional MLS — the country’s largest MLS – and MLSListings Inc....
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Investment
U.S. Homeownership Rate Falls to 19-Year Low on Rising Mortgage Rates and Home Prices
Apr 29, 2014The U.S. homeownership rate has fallen to the lowest level in nearly 19 years as rising...
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Investment
Freddie Mac and Fannie Mae Say Overhaul Will Increase Mortgage Rates
Apr 28, 2014Ahead of a Senate vote scheduled for this week on a bill that would replace Freddie...
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