Unlock Partnership Solutions Inc., dba Unlock Technologies, has agreed to treat its home equity agreements (HEAs) as consumer credit under Colorado law, pay restitution to affected homeowners, and meet state licensing and disclosure rules, the Colorado attorney general’s office announced June 24. The office of Attorney General Phil Weiser said it determined Unlock’s products are […]

As more Americans end marriages later in life, some senior homeowners are turning to reverse mortgages as a way to manage the financial challenges of a “gray divorce.” Divorces that arise when couples are in their 50s or older, commonly known as gray divorces, present unique financial challenges because they often occur after retirement, when

Mortgage rates have moved higher at a moderate pace over the past 2 days as tensions between The U.S. and Iran see a resurgence. As far as the underlying bond market is concerned, most of the damage was done yesterday. But today’s news added emphasis when Trump declared the ceasefire to be over. Rates are