Mortgage Industry News

Homebuying Frenzy Continues Despite Obstacles

Homebuying Frenzy Continues Despite Obstacles

Source: Banker & Tradesman --- Wits’ End would make an appropriate name for a new subdivision in today’s wild housing market. While there’s not yet such a place on the map, many would-be buyers are quickly running out of patience.   Their frustration is not...

Reverse Mortgage: Could Your Surviving Spouse Lose the House?

Reverse Mortgage: Could Your Surviving Spouse Lose the House?

Source: Investopedia --- If your spouse took out a reverse mortgage and you aren’t on the loan—or if you know someone in this situation—you need to understand what rights you have and what rights you lack. Reverse mortgage laws for non-borrowing spouses can be...

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