UK mortgage approvals near two-year high in June – UK Finance – LONDON (Reuters) – The number of mortgages approved for British house purchases edged up to one of its highest levels in the past two years last month, though credit card lending grew at a slower pace.
The total number of mortgage accounts is up to 52.7 million from 52.0 million in the fourth quarter of 2016. The 52.7 million number has been.
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Experts: There’s an urgent need to stabilize the reverse mortgage program – It’s a well-known fact that most Americans haven’t saved enough for retirement, and to make it worse, a greater number of older homeowners continue to carry mortgage debt. In fact, the number of.
FHFA Releases U.S. Mortgage Statistics from the National Mortgage. – Washington, D.C. – The federal housing finance agency (FHFA) today released the first set of national statistics derived from the National.
Mortgage industry of the United States – Wikipedia – The mortgage industry of the United States is a major financial sector. The federal government. The borrower makes a number of interest and principal payments, and then defaults. The lender then takes the property and recovers the amount.
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Wall Street Ready To Close Deals As Mortgages Go Digital – The mortgage market is not growing rapidly. There are about 5,000 mortgage companies and banks in the US, large and small, and the annual number of primary origination transactions is only in the six.
Elderly Memphians losing homes to reverse mortgages – had the city’s highest number of reverse mortgage-related foreclosures. There were 6.35 per 1,000 senior citizens. Zip code 38107, which includes north Memphis, had 5.87 foreclosures per 1,000 seniors.
Nearly 5,000 mortgage approvals push May figure up 10% – The number of mortgage applications approved by lenders rose 10.1 per cent in the year to the end of May, new figures show. A total of 4,926 mortgages were approved during the month, of which 2,520,
According to the National Reverse Mortgage Lenders Association, homeowners aged 62 and older held US$6.5 trillion in home equity in the third quarter of 2017. The number marks an all-time high since.
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Reverse mortgage lenders pivot as sales falter – The reverse mortgage market is evolving for the first time in a decade, as the industry pivots to address sagging sales and what it sees as a new opportunity presented by the number of baby boomers.