Unlike other loans, a reverse mortgage doesn't have to be repaid until the borrower moves out of the home or passes away. Download Download Share on Facebook Share on Twitter Rotate quotes borrower home loan
Optimism is an expectation that good things are going to be plentiful. The wealthy generally have the sense that life will bring good rather than bad outcomes. That doesn't mean they believe that good things will be omnipresent, but that they will outnumber the not-so-good. Jean Chatzky badbringexpectation share on social
Generally, there are three rules when it comes to borrowing money: You need to have good credit, proof of income and cash for a down payment. Most people have the first two, but it's the third that trips them up. And nowhere does that come into play more than the mortgage market. Jean Chatzky borrowcashcredit share on social
If you live in a yard sale kind of neighborhood - in good weather, most neighborhoods are crawling with them on weekends - do a sweep to see what the competition is charging. No one is going to buy your $7 book if they can get it down the block for $1. Jean Chatzky blockbookbuy share on social
We are very much engaged across the government, very much engaged in streamlining and simplifying our activities with borrowers and lenders, because that saves time and saves costs and we believe we can do that while maintaining the same or increased levels of oversight and risk management. Karen Mills activityborrowercost share on social
Recently, I was in Bernalda, my dad's ancestral home town in Italy. He has just refurbished a palazzo and turned it into a hotel, so we had my sister's wedding there. It was beautiful. Roman Coppola ancestralbeautifulbernalda Change image and share on social
I can't think of another enterprise other than being a homeowner that can't have its debt restructured in bankruptcy. Corporations can but a homeowner can't? Now with securitization the homeowner can't go to the owner of the loan and work things out. Eli Broad bankruptcycorporationdebt share on social