Lopa P. Kolluri, Principal Assistant Secretary (PDAS) of the Office of Housing and Federal Housing Administration (FHA), to deliver keynote address to reverse mortgage industry attendees at the upcoming National Reverse Mortgage Lenders Virtual Annual Meeting Association (NRMLA) held in early November. This is according to an email alert distributedRead More →

Favorable demographics, increased affordability of residential properties and historically low mortgage rates are boosting demand for home loans, mortgage lenders have said. Several major banks, mortgage companies and housing finance companies significantly reduced their interest rates on home loans during the festival period to take advantage of the resumption inRead More →

Muzaffarnagar: A local businessman reportedly attempted suicide by consuming poison for “being constantly harassed by a pawnshop” in Shamli, Uttar Pradesh. Police said it was a monetary dispute and are investigating the matter. A commission agent by profession, Sanjay Bajaj, had taken out a loan with interest and was beingRead More →

Earlier this year, the governor of Hawaii signed HB 1192, which changes certain provisions relating to small dollar loan requirements. Specifically, the bill sets out a new licensing requirement for “installment lenders” and specifies various consumer protection requirements. The bill defines an installment lender in the broad sense as “anyRead More →