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mortgage rules prove too strict for some retirees
it’s a mortgage problem that is likely to intensify as home-owning baby boomers by the millions shift into retirement: although they may have significant financial assets tucked away in retirement accounts, their diminished monthly incomes may not be sufficient to meet some lenders’ hyper-strict underwriting rules. read full article >>
mortgage companies urged to introduce ach to their clients
mortgage companies must introduce the automated clearing house (ach) to their clients to make the collection of payments less cumbersome.
mortgage comparison-shopping: how to read good faith estimate
taking out a mortgage loan requires careful consideration of all the costs associated with a purchase or refinance transaction. for...
u.k. mortgage approvals increased in april, bank of england says
u.k. mortgage approvals rose in april as record-low interest rates helped sustain some property demand during the seasonal spring buying period.
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