The Reverse Mortgage that Will Save Seniors Money

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Starting May 1, there will be a new way for seniors to attain reverse mortgages from what is called a Caregiver Loan. This loan will allow adult children or grandchildren of seniors to pool resources to provide a flexible line of credit at interest rates much lower than commercial reverse-mortgage lenders charge.

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Serious Delinquency Rates on Single-Family Loans at an All-Time Low

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The serious delinquency rate on single-family loans has fallen to its lowest level in six and a half years. Serious delinquency is when a single-family mortgage is 90 or more days past due and the bank considers the mortgage to be in danger of default. When a mortgage is in default, a lender usually initiates foreclosure proceedings.

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Update: Learn the Latest Developments at NAWRB

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NAWRB is rapidly growing in presence and membership each day. Our corporate headquarters is buzzing with new business and exciting developments. With that being said, we’d like to share our growth with our readers to not only spread the enthusiasm but show what NAWRB is doing to advocate and promote for women in the housing economy.

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Professional Mentors: Why Women Need Them

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Women can benefit a great deal by having professional mentors. Men already have an edge over females when it comes to earning appropriate wages and advancing to upper level management. Having smart, successful mentors for professional ladies can work wonders in bridging the inequality gap.

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Best Strategies and Courses for Selling to Senior Buyers

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The population of seniors in the United States is increasing rapidly due to the aging baby boomer generation. Some cities are experiencing rapid growth more so than others. It’s important for real estate agents to be aware of these locales and understand the best strategies for appealing to this growing demographic.

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5 Key Traits of Successful Female Professionals

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You may be a professional woman in the housing industry who is also a wife and mother. While you make your career a priority, you get busy. If you compare yourself to others, professionally and personally, know that it is an energy drainer and it can do a lot to negatively affect your mental health.

Successful women tend to create their own mantras and follow their own rules. Not only do they not compare themselves to others, but they do not allow themselves to be defeated emotionally. The following are five key traits of successful professionals.

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Coming To A City Near You: Micro-Apartments

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With the scarcity of affordable housing in metropolitan areas, are micro-apartments the future of housing? The tiny home movement and creation of micro-apartments has taken international cities by storm. The rise in micro-living can be attributed to a lack of available land for housing, surges in population, and booming economies in urban areas. Cities such as Tokyo and Hong Kong have experienced the newest wave in housing…are U.S. cities next?

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Quicken Loans Suing the DOJ and HUD

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Quicken Loans—the largest Federal Housing Administration (FHA) mortgage lender in the U.S.—sued the United States Department of Justice (DOJ) and Department of Housing and Urban Development (HUD) on Friday. Quicken Loans claims this was its only choice  after  the DOJ told the company it must publicly admit to information  that was false, as well as pay a large sum of money, or it would have to face legal action.

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