It can be a ‘trap’ to carry mortgage debt into retirement: USA Today

As the numbers of seniors carrying mortgage debt in retirement has increased, so too has the potential financial burden of a regular monthly mortgage payment. Increases in inflation and the cost of living can overwhelm those living on a fixed income, according to an article published this week in US
Read MoreAtlantic Coast Mortgage adopts Nextwave CRM

Virginia-based Atlantic Coast Mortgage announced this week that residential and wholesale banking software company CRMNow’s mortgage-oriented customer relationship management (CRM) product, Nextwave CRM, will be used by its loan originators across the 30 states it operates in.“Nextwave CRM was the c
Read MoreHow will a White House plan for federal lands impact states like Utah?

A plan announced last week by the White House includes a nationwide cap on rent increases. But another element of the proposal — the allocation of surplus federal land to be dedicated to affordable housing construction — may have been lost in the mix, especially following the Democratic shake-up in
Read MoreSurging home insurance premiums challenge mortgage industry, regulators

Home insurance premiums have risen by as much as $865 this year for homeowners who originally purchased their policies in 2021. In response, the mortgage industry and federal regulators are aiming to determine the best courses of action to mitigate the financial burdens on both homeowners and insura
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