Tags » Mortgage Debt

Liar loans helping to inflate hot housing markets, experts say

A number of mortgage brokers who are accused of committing fraud to secure home loans for customers in Ontario are still actively operating, says the head of the lending company that extended them the money. 582 more words

Canada

Home prices post nearly double-digit gain in June; average hits $453K

The country’s closely watched housing market continued its strong upward climb in June, with average prices marching 9.6 per cent higher led by – surprise – gains in Vancouver and Toronto. 232 more words

Canada

The Student Loan Bubble: Gambling with America's Future

By Addison Quale – Re-Blogged From http://www.Silver-Phoenix500.com

The federal government can’t seem to help itself. After overseeing the inflating and bursting of the dot-com bubble in the 1990s and the subprime mortgage bubble in the 2000s, the United States government is at it again – this time in the area of student loans. 876 more words

Reverse Mortgage Update: HUD Throws a Lifeline to Surviving Non-Borrowing Spouses

Via the National Consumer Law Center,

The U.S. Department of Housing and Urban Development (HUD)’s newly revised policy provides spouses of reverse mortgage borrowers with the most workable option to date to prevent surviving spouses’ evictions and homes from foreclosures.

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Money And Finances

5 booming housing markets that aren't Vancouver or Toronto

The average home price for all of Canada last month skipped 8.1 per cent higher compared to a year ago. But that healthy gain, as always, masks deeply divided regional stories below the surface. 317 more words

Canada

A Step Forward Michigan Success Story: Ruby and Daniel

by Katie Burns, J.D., Attorney, Housing Counselor, and HUD Certified Reverse Mortgage Counselor

To protect client confidentiality, all names have been changed in this post. 660 more words

Featured

Home Equity Conversion Mortgage Pros and Cons

by Katie Burns, J.D., Attorney, Housing Counselor, & HUD Certified Reverse Mortgage Counselor

Homeowners age 62 and older qualify for a reverse mortgage. A reverse mortgage is a loan that converts existing home equity into tax-free cash. 551 more words

Money And Finances