Oregon reverse mortgage bill that could halt proprietary business may be amended

The Oregon state senate’s Committee on Housing Development held a hearing last week on a piece of proposed legislation that seeks to limit the amount of equity a reverse mortgage lender can receive after the sale or transfer of a property. Industry representatives contend that if enacted, the bill c
Read MoreLendingTree: Salt Lake City is the top major metro for families

Families are becoming more strategic when choosing a city to live in. And some cities are better equipped to promote the concept of family homeownership. Online marketplace LendingTree released a study this week that identified the best major metropolitan areas for families in 2025. The study utiliz
Read MoreDespite aging-in-place preferences, senior support services are in short supply

If you’ve heard it once, you’ve heard it a thousand times: Older Americans want to age in place in their own homes, and they also want to remain in their current communities. But these desires could clash with a reality that many communities across the country simply don’t have the resources to supp
Read MoreMortgage credit availability jumped 2.5% in January

Mortgage credit availability ramped up in January, according to a report released Tuesday by the Mortgage Bankers Association (MBA) that analyzed data from ICE Mortgage Technology. The MBA’s Mortgage Credit Availability Index (MCAI) increased by 250 basis points (bps) on a monthly basis to 99.0 in J
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