#financial-assessment

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#job-security #hecm #income-verification #reverse-mortgage-reform #nrmla #car-finance #credit-score #loan-approval
fromwww.housingwire.com
3 days ago

HUD reopens reverse mortgage comment period

It specifically wants to reduce paperwork and increasing borrower flexibility while maintaining protections against defaults. NRMLA wrote that since its introduction in 2015, the HECM financial assessment has helped reduce reverse mortgage foreclosures due to property tax and insurance defaults. NRMLA said it supports maintaining FA's effectiveness, but it asks for streamlining procedures, reducing documentation burdens, and aligning HECM underwriting with FHA's forward mortgage program.
Real estate
Cars
fromBusiness Matters
4 months ago

How to get approved for Bad Credit Car Finance

Credit scores are just one factor among many for car finance approval, with lenders using their own assessment methods.
Retirement
fromBusiness Insider
6 months ago

I got laid off from my first tech job nearly a decade ago. It shifted my whole perception of work - I'm more careful and feel less secure.

Layoffs can drastically shift one's perception of job security and career stability.
Retirement
fromAol
7 months ago

I make $300K in IT and got a $600K offer from a private equity-backed firm - is the extra pay worth the risk?

Weighing a major salary increase against job security and comfort is crucial when considering career moves.
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