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GAO Tackles Pros, Cons of Including Reverse Mortgages in MMI Fund
Reverse Mortgage Daily
The Government Accountability Office took a deep dive into benefits and drawbacks of including federally backed reverse mortgages in the Mutual Mortgage Insurance Fund, laying out a variety of alternatives that Congress could explore. After the most ...


No, you shouldn't mortgage your house to buy Bitcoin
“We've seen mortgages being taken out to buy bitcoin. … People do credit cards, equity lines,” Joseph Borg, president of the North American Securities Administrators Association, told CNBC today. “This is not something a guy who's making $100,000 a ...
People Are Mortgaging Their Houses to Buy BitcoinInvestopedia (blog)

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Mortgage Rates Inch Up After Holiday; Purchases, Refis Also Rise
Banker & Tradesman
Mortgage applications increased 4.7 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending Dec. 1, 2017. The prior week's results included an adjustment for ...

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Crisis in reverse mortgages? Some say yes
Seattle Times
Reverse mortgages, familiar to most people through TV ads with celebrities such as Selleck or parodies by late-night comics, were created in the late 1980s as a way to let seniors 62 and older tap equity in their homes without moving out of them — to ...


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