Reverse Mortgages allows seniors 62 and older to access a portion of the equity in their homes. HECM loans are insured by HUD and are the most popular reverse mortgages. We will review the pros and cons of reverse mortgages.
Bank of the West has seen a rise in mortgage loan applications since April as homeowners seek to take advantage of low interest rates under the government’s Home Affordable Refinance Program (HARP) 2.0.
For consumers wanting to learn more about HARP, Bank of the West has published Eight Essential Harp Tips and introduced an educational video series on HARP loans that can be viewed on YouTube at YouTube.com/Bankofthewest.
“We are anticipating that one out of every five new borrowers will be a homeowner seeking a HARP 2.0 refinance loan this year,” said Karen Mayfield, Bank of the West’s National Sales Manager for the Mortgage Banking Division. “This program is providing real relief for homeowners who are current on their mortgage but have been unable to refinance due to a decline in the value of their home.”
To view Multimedia News Release, go to http://www.multivu.com/mnr/54577-bank-of-the-west-mortgage-loan-applications-refinance-harp-2-0
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A $30 million investment from the Ford Foundation has enabled community development financial institution Self-Help to merge with seven credit unions in California, kick-starting an effort to expand low- and moderate-income families’ access to responsible and affordable financial services across the state.
To view Multimedia News Release, go to http://www.multivu.com/mnr/54277-ford-foundation-low-income-community-development-self-help-california
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The 23rd edition of HGTV® Dream Home is taking up residence in the Rocky Mountain resort town of Whitefish, Montana, where picturesque scenery of majestic mountains and big skies make it one of the most charming towns in the West. The grand prize winner of this spectacular giveaway will receive the beautiful custom home, the redesigned 2019 Honda Pilot Elite, plus $250,000 from Rocket Mortgage® by Quicken Loans®.
The new, fully furnished home is the crown jewel in a prize package valued at more than $2.3 million – the largest giveaway in HGTV history. Constructed with the finest materials, reclaimed historical resources, and timber frame architecture characteristic to the area, the home was conceived by Timber Forge Design, built by Malmquist Construction, and designed by Brian Patrick Flynn. The sneak peek at this striking, lodge-style retreat is now available at HGTV.com/HGTVDreamHome.
To view the multimedia release go to:
https://www.multivu.com/players/English/8281154-hgtv-dream-home-giveaway-2019-whitefish-montana/
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Experian®, the leading global information services company, today announced the availability of IntelliViewSM, its new interactive, Web-based query, analysis and reporting tool that enables financial professionals to optimize strategic planning, uncover new opportunities and improve decision making by having 24-7 online access to Experian’s aggregated quarterly consumer credit data. Data is available for seven lending categories including bankcard, retail card, automotive, first mortgage, second mortgage, home-equity lines of credit and personal loans.
To view Multimedia News Release, go to http://www.multivu.com/mnr/55342-experian-intelliview-web-based-tool-24-7-access-to-consumer-credit-data
Ryan Newman, driver of the No. 39 Quicken Loans Chevrolet, and three-time and reigning NASCAR Sprint Cup Series champion Tony Stewart shocked hundreds of race fans this evening at NASCAR SpeedPark at the Concord Mills shopping center when they arrived to test their own skills at go-kart racing. What started as a fun night of free go-kart racing turned into the opportunity of a lifetime, as dozens of lucky fans had the opportunity to race around the track alongside Newman and Stewart, two of NASCAR’s most talented and popular drivers.
To view Multimedia News Release, go to http://www.multivu.com/mnr/58331-quicken-loans-ryan-newman-tony-stewart-head-to-head-race-nascar-speedpark