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President Signs Bill Protecting Financial Options for Senior

WASHINGTON, D.C. - August 12, 2013 - (RealEstateRama) -- At a White House ceremony this afternoon, President Barack Obama signed the Reverse Mortgage Stability Act, bipartisan legislation “to authorize the Secretary of Housing and Urban Development to establish additional requirements to improve the fiscal safety and soundness of the Home Equity Conversion Mortgage insurance program.

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Locations Close to Public Transit Boost Residential, Commercial Real Estate Values

Neighborhoods located within a half-mile of public transit services outperformed those in areas farther from public transit based on a number of factors, according to a report released today by the American Public Transportation Association(link is external) and the National Association of Realtors®.