Three Archives - Texas Consumer Credit Attorney

Consumer advisory: Three steps you should take if you have a reverse mortgage

Reverse mortgages are a type of loan that allows homeowners, 62 and older, to borrow against the accrued equity in their homes. Reverse mortgages can help some older homeowners meet financial needs in retirement. Most reverse mortgages today are federally insured through the Federal Housing Authority’s (FHA) Home Equity Conversion Mortgage (HECM) program. We’ve heard [...]

By Credit Writer|2017-05-20T11:45:12-05:00February 9th, 2015|News|Comments Off

Three years of standing up for consumers

The Consumer Financial Protection Bureau was created in the wake of the financial meltdown to stand up for consumers, make sure they’re treated fairly, and restore trust in the consumer financial marketplace. Our focus is on making financial markets work for American consumers — whether they’re applying for a mortgage, borrowing for college, choosing a [...]

By Credit Writer|2017-05-20T11:45:29-05:00July 22nd, 2014|News|Comments Off

House Committee Passes Three Mortgage Lending Bills

The House Financial Services Committee passed three bills last week that could make mortgage lending a little easier. Collections - Other Consumer

By Credit Writer|2014-06-11T20:28:34-05:00June 11th, 2014|FCRA|Comments Off

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