Mortgage Loan News

Florida Reverse Mortgage Refinance: HECM to HECM Refinances Now Offered by Florida’s Best Reverse Mortgage Company

TAMPA, FL, UNITED STATES, September 20, 2021 /EINPresswire.com/ – Thinking of refinancing a reverse mortgage? Unprecedented equity gains over the past several years have placed many current reverse mortgage holders in an advantageous position. By announcing a full range of reverse mortgage refinance products, Florida’s Best Reverse Mortgage Company aims …

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Deferral of payment: a simple response to post-abstention

Throughout the pandemic, forbearance plans played an important role in providing mortgage relief to homeowners as they faced challenges related to COVID-19 impacting their finances. These include job loss, declining income and illness. But what should owners do after the forbearance ends? A new home retention solution, COVID-19 payment deferral, …

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Black Knight: Mortgage Monitor July 2021

Driven by the booming housing market, exploitable equity – the amount available to homeowners before reaching a maximum combined loan-to-value ratio (CLTV) of 80% – has jumped almost 40% from the previous year. ‘last year. At $ 9.1 trillion in total – yet another record high – the average mortgage …

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