The most popular type of reverse mortgage is the federally insured reverse mortgage backed by the U.S. Department of Housing and Urban Development, known as a Home Equity Conversion Mortgage, or HECM.
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What you should know about reverse mortgages
Posted by mortgage 1 day 5 hours ago (Editorial)
Foreclosure lawsuit questions dog mayor
Posted by mortgage 1 day 5 hours ago (Editorial)
Terre Haute Mayor Duke Bennett said Tuesday he is ?100 percent? certain the foreclosure suit filed against him by GMAC Mortgage on his eastside home will be resolved within the next ?couple of weeks.?
How the euro crisis will affect you
Posted by mortgage 1 day 5 hours ago (Editorial)
The European financial crisis is poorly understood in the United States.
Fitch Takes Various Actions on Homeward Residential (Formerly American Home Mortgage Servicing, Inc)
Posted by mortgage 1 day 5 hours ago (Editorial)
Fitch Ratings has taken the following rating actions for Homeward Residential's U.S. Residential Servicer ratings as follows:
Couple in mortgage arrears lose home
Posted by mortgage 1 day 5 hours ago (Editorial)
A KERRY couple whose mortgage interest supplement was ?cut off? this month by the Department of Social Protection had their home repossessed at the High Court yesterday.
Ally?s ResCap Files Bankruptcy, Plans Sale to Fortress
Posted by mortgage 1 day 5 hours ago (Editorial)
ResCap listed assets of $15.7 billion and debt of $15.3 billion in a petition filed today in U.S. Bankruptcy Court in Manhattan . ResCap?s Chapter 11 filing is the biggest so far this year, based on liabilities, according to data compiled by Bloomberg.
Frum: Yes, worry about the euro crisis
Posted by mortgage 1 day 5 hours ago (Editorial)
The European financial crisis is poorly understood in the United States.
FINRA Fines Citigroup Global Markets $3.5 Million for Providing Inaccurate Performance Data Related to Subprime ...
Posted by mortgage 1 day 5 hours ago (Editorial)
The Financial Industry Regulatory Authority announced today that it has fined Citigroup Global Markets, Inc. $3.5 million for providing inaccurate mortgage performance info
Mortgage How to Get is an informational resource about mortgage news and information.