BofA Cuts Jobs as Mortgage Slump Traps JPMorgan, Wells Fargo – The Charlotte, North Carolina-based firm is eliminating 2,100 jobs and closing 16 offices by Oct. 31, said two people with direct knowledge of. once the biggest U.S. mortgage lender. After.
How do reverse mortgages work? Equity is the value of a property you own, minus any mortgage debt. A reverse mortgage lets borrowers from the age of 60 convert this equity into cash.
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Trump to sign memorandum on housing finance reform – Jessica Guerin is an editor at HousingWire covering reverse mortgages and the housing wealth space. She is a graduate of Boston University and has a master’s degree from Northwestern’s Medill School.
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