Not too long ago, shares of railroad companies were considered as just the chugging-along type stocks plain cyclical stocks that lacked the exciting elements that growth stocks have.
So far, the cuts in fees apply mainly to one type of reverse mortgage: the plain-vanilla fixed-rate "home-equity conversion mortgage, " which is backed by the Federal Housing Administration and is paid out to the borrower as a lump sum.
The lawsuit refers to the so-called 100-year flood plain, which maps the area that could be affected by the type of flooding that statistically can be expected to happen once in a century.