Top Headlines

Making change that counts this November

Making change that counts this November

Source: CMP ---  Financial Literacy Month has arrived, and all November long CWB Optimum Mortgage will share tips, tools and resources with brokers and clients to underscore the importance of financial literacy — not just within these 30 days, but every day. Optimum’s...

Understanding Reverse Mortgages

Understanding Reverse Mortgages

Source: Physician's Weekly --- Many physician homeowners have been roped into watching a commercial for a company selling reverse mortgages, usually presented by a stalwart actor that we like and trust. Whether a reverse mortgage is right for you or not, it’s a good...

Is there a mortgage stimulus program and how much can you get?

Is there a mortgage stimulus program and how much can you get?

Source: The Sun --- STRUGGLING homeowners may be wondering what support is available - and whether there's a mortgage stimulus program. It comes as Americans have got used to receiving stimulus checks during the coronavirus crisis. We explain what you need to know....

Count your pandemic-related mortgage blessings

Count your pandemic-related mortgage blessings

Source: Orange County Register --- Time for the holiday season-celebrations, starting with the Thanksgiving kickoff festivities, with all its trimmings and blessings. Hanukkah lights it up early this year, with the first candle on Saturday night. A fast month later,...

A Subtle New Pitfall For Mezzanine Loan Borrowers

A Subtle New Pitfall For Mezzanine Loan Borrowers

Source: Forbes --- Commercial real estate financing structures often include not only mortgage loans but also mezzanine loans. These latter loans are secured by pledges of ownership interests in the mortgage borrower. If the mezzanine loan defaults, the mezzanine...