Updated reverse mortgage guide: Two things you should know

More and more homeowners are considering tapping their home equity as they approach retirement age. Getting a reverse mortgage is one way that some older homeowners can do that. Reverse mortgages are a special type of home equity loan sold to homeowners aged 62 years and older, which are repaid when the borrowers sell the [...]

By |2017-05-20T11:45:25-05:00September 25th, 2014|News|Comments Off on Updated reverse mortgage guide: Two things you should know

Updated mortgage data available

Last year, we released a web-based tool that provides the public with easier access to mortgage data for 2007 through 2012. Today, we’re updating the database with 2013 data, in coordination with the Federal Financial Institutions Examination Council. What’s HMDA? The Home Mortgage Disclosure Act or HMDA requires many financial institutions to maintain, report, and [...]

By |2017-05-20T11:45:25-05:00September 22nd, 2014|News|Comments Off on Updated mortgage data available

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