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Mortgage bailout balloons by half a million more loans in one week

As the economic shutdown drags on and job losses mount, more borrowers are opting to delay their monthly mortgage payments through mortgage forbearance plans......»»

Category: topSource: moneycentralApr 24th, 2020

Mortgage bailout balloons by half a million more loans in one week

As the economic shutdown drags on and job losses mount, more borrowers are opting to delay their monthly mortgage payments through mortgage forbearance plans......»»

Category: realestateSource: cnbcApr 24th, 2020

Market Extra: ‘The issue of racial inequality is top of mind,’ says ESG chief behind mortgage bond with social purpose

Angel Oak Capital Advisors is the first lender in the U.S. to sell a "social" mortgage bond without government backing, a deal that finances self-employed borrowers and others locked out of conventional home loan programs......»»

Category: topSource: marketwatchMay 19th, 2021

Almost half of parents say they’ll take on credit-card debt to pay for child care — others avoid daycare due to COVID

‘Monthly child care costs can feel like an extra mortgage payment.’.....»»

Category: topSource: marketwatchMay 19th, 2021

NerdWallet: Mortgage refinancing initiative to help lower-income borrowers

The federal .....»»

Category: topSource: marketwatchApr 28th, 2021

Borrowers with not-so-perfect credit may be eligible for FHA home loans

TOWN SQUARE | Every mortgage loan choice should be made on an individualized basis that takes into consideration the borrowers’ entire financial plan......»»

Category: topSource: washpostApr 27th, 2021

Mortgage rates at 2-month lows entice borrowers

Demand for mortgage applications jumped 8.6% in the past week as costs continue to come down, according to the latest survey from the Mortgage Bankers Association......»»

Category: topSource: foxnewsApr 21st, 2021

Jim Cramer bought bitcoin when it was worth $12,000 - and said he recently sold half his "phony" portfolio to pay off a mortgage

"I paid off a mortgage yesterday with it," the 'Mad Money' host said Thursday on CNBC, adding that selling half his portfolio helped him. C.....»»

Category: smallbizSource: nytApr 16th, 2021

5 States Where Female Mortgage Borrowers Get the Worst Deals

(TNS)—Women get a raw deal on mortgages in nearly every corner of the country, a new analysis of federal data has found. Compared with single male borrowers,.....»»

Category: realestateSource: rismediaApr 7th, 2021

Capitol Report: CFPB moves to avert a wave of foreclosures

The Consumer Financial Protection Bureau is moving to strengthen protections for struggling mortgage borrowers, including those with non-federally backed loans who have so far been excluded from nationwide Covid-related relief......»»

Category: topSource: marketwatchApr 5th, 2021

Mortgage rates continue their climb with seventh consecutive increase

The 30-year fixed-rate average, which inched up to 3.18 percent this week, is more than a half-percentage point higher than it was at the start of the year......»»

Category: topSource: washpostApr 1st, 2021

Redwood City-based Biomea Fusion, Menlo Park-based Akoya Biosciences plan IPOs

One has a product already on the market; the other doesn't expect to be start its first clinical trial until the second half of this year. That didn't stop them from testing the public markets......»»

Category: topSource: bizjournalsMar 29th, 2021

Two life sciences startups file IPOs amid market jitters

One has a product already on the market; the other doesn't expect to be start its first clinical trial until the second half of this year. That didn't stop them from testing the public markets......»»

Category: topSource: bizjournalsMar 27th, 2021

The Moneyist: My husband and his ex-wife agreed that he could claim their kids on his taxes, but now she’s ‘demanding’ half their stimulus

‘I believe she didn’t adjust her budget when the alimony ended, and now she is looking for ways to receive more money from him.’.....»»

Category: topSource: marketwatchMar 24th, 2021

Best New Ideas in Retirement: This new type of reverse mortgage would help retirees generate much more income

Reverse mortgages can be a powerful financial tool in retirement — especially as more Americans age in place. But the product’s design today isn’t meeting many borrowers’ needs......»»

Category: topSource: marketwatchMar 20th, 2021

Best New Ideas in Retirement: How to create a better reverse mortgage

Reverse mortgages can be a powerful financial tool in retirement — especially as more Americans age in place. But the product’s design today isn’t meeting many borrowers’ needs......»»

Category: topSource: marketwatchMar 19th, 2021

The Tell: Office property values could plunge by 54% if work-from-home lasts: Fitch

U.S. office properties financed in the $600 billion commercial mortgage bond market could see their values cut by around half, if the work-from-home trend lasts beyond the pandemic, warns Fitch Ratings......»»

Category: topSource: marketwatchMar 12th, 2021

If you aren’t bothered by higher monthly payments, a 10-year mortgage might be a good option

TOWN SQUARE | For borrowers with a specific goal in mind, such as paying off their mortgage before retirement or before paying college tuition, a 10-year loan could be a good option......»»

Category: topSource: washpostFeb 11th, 2021

U.S. mortgage executives forecast a $3T year in 2021

Lending rates are expected to fall as competition for borrowers heats up......»»

Category: topSource: bizjournalsJan 8th, 2021

Chicago Schools Chief: Half Of Teachers Pressured By Teachers’ Union Didn’t Show Up For Work

Chicago Schools Chief: Half Of T.....»»

Category: worldSource: nytJan 7th, 2021