Idaho industry appointments update - 1/3/2007

Jan 02, 2007

CircleLending introduces private reverse mortgagesMortgagePress.comPrivate reverse mortgages CircleLending Inc. has released Family Advantage, a private lending product which operates like a reverse mortgage. Family Advantage is a line of credit funded by the relatives or friends of a homeowner and secured by real estate. The homeowner need not be a senior citizen to qualify, can take out the loan on a primary or secondary residence and is not required to pay for mortgage insurance, origination fees or closing costs. CircleLending Inc. is a financial services company based in Waltham, Mass. For more information, call (800) 805-2472 or visit www.circlelending.com.

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Jan 02, 2007

Analysis and Data

Home Sellers' Q1 Profit Margins Declined Quarterly, Annually

ATTOM reported decrease of 55.3% in the first quarter – the smallest level in more than two years.

ATTOM released its Q1 2024 U.S. Home Sales Report, revealing that profit margins for U.S. home sellers on median-priced single-family home and condo sales in the United States decreased to 55.3% in the first quarter – the smallest level in more than two years. The decline...

Regulation and Compliance

Mortgage Servicers Added To Junk-Fee Naughty List

New release from CFPB lays out areas of improvement, and concern, for mortgage servicers.

The Consumer Financial Protection Bureau (CFPB) today published new supervisory highlights describing the regulator's recent actions to combat junk fees charged by mortgage servicers, as well as other illegal practices. The CFPB has also announced that it is working to addre...