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Bloomberg: Retirees Turn to All Cash for Home Financing
Jun 02, 2014A growing number of retired baby boomers are turning to cash deals to pay for properties, rather than a mortgage, Bloomberg News reports. In the first quarter, 29% of non-investment homebuyers used cash, the highest on record for the period, while lending for mortgages to purchase homes fell to $115 billion in the first quarter, […]
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Reverse Mortgage Stakeholders Rally for Mass. Legislation to Preserve Lending Abilities
Jun 01, 2014 -
NY Times: Lenders Loosen Underwriting Rules on Forward Jumbo Loans
Jun 01, 2014 -
WSJ: Smaller Banks in Spotlight for Financial Crisis Involvement
Jun 01, 2014 -
Friday Round Up: Proficio Expands, Startups Eye Senior Market
May 30, 2014 -
Consumers Shift to Paying Mortgage First, Then Credit Cards
May 29, 2014 -
Bloomberg: Worst Year for Mortgages Since ’90s
May 29, 2014 -
Pending Home Sales Edge Up in April, Still 9% Below 2013
May 29, 2014 -
HUD Updates FHA Lender Recertification Process
May 29, 2014 -
FirstBank, HighTechLending and More Now Hiring Reverse Mortgage Professionals
May 29, 2014