INDUSTRY ARTICLES

Read the latest news, advice and how-to articles regarding the local credit union industry here!

• A Senior Option In Trouble: Reverse Mortgages

  Declining home values have put a serious squeeze on one of the mortgage market's most popular and fastest-growing financing concepts: the Federal Housing Administration's reverse mortgage program for seniors 62 and older.

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• Report: 1 in 3 Loan Applications Denied

  Nearly one in three borrowers who applied for a mortgage last year was denied as lenders kept their standards tight as the mortgage crisis accelerated, the government reported.

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