One mortgage lender abandons the Florida condo market

California-based Provident Funding Associates LLC is getting out of the Florida condo lending business, it told broker partners on Friday. In an email sent Friday morning, Provident said that it would “no longer be accepting new applications for condominiums” effective that day. Provident told broke

The month in reverse mortgage rates: October 2024

When older homeowners wish to access a portion of their equity, there are multiple options.Of course, selling the home is generally not desirable. A cash-out refinance is also not a prudent pathway for retirees. A refinance not only saddles the homeowner with a required monthly payment but will also

Where the presidential candidates stand on elder care issues

With a little more than two weeks remaining until Election Day, the policy positions of the major political parties’ nominees for president — Democrat Kamala Harris and Republican Donald Trump — have been under the microscope.Each of their potential policies toward the Federal Housing Administration