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Ginnie Mae to explore new reverse mortgage-backed security product
HousingWire via Yahoo Finance· 4 months agoGinnie Mae intends to develop a new reverse mortgage-backed security product enabling the...
Lisa Moriello talks tech, 2024 HECM limit and openness to reverse mortgages
HousingWire via Yahoo Finance· 2 months agoLisa Moriello, the national retail reverse mortgage sales manager at multichannel lender loanDepot,...
Reverse mortgage volume, HMBS issuance see improvement in March
HousingWire via Yahoo Finance· 1 month agoAfter a few months of downward data in its performance metrics, the reverse mortgage industry saw a...
Reverse mortgage volume and securities issuance trend lower in December
HousingWire via Yahoo Finance· 5 months agoWhen assessing December’s Home Equity Conversion Mortgage (HECM) volume data for December 2023,...
How to find the best FHA mortgage lender
Bankrate via Yahoo Finance· 5 months agoKey takeaways To find the best FHA lender, shop around with at least three lenders and compare their loan offers and terms. Ask FHA lenders about their...
Former Ginnie Mae president applauds the development of new HMBS product
HousingWire via Yahoo Finance· 4 months agoTed Tozer, former president of Ginnie Mae during the Obama administration and current president...
FHA loans: Definition, requirements and limits
Bankrate via Yahoo Finance· 1 month agoKey takeaways An FHA loan is a type of mortgage geared toward borrowers with lower credit scores or who otherwise don't qualify for a conventional loan....
FHA loan limit increases to $498,257 in 2024
HousingWire via Yahoo Finance· 6 months agoThe Federal Housing Administration (FHA) is increasing the “floor” and “ceiling” FHA loan limits in 2024 to $498,257 and $1,149,825, respectively, the...
What is a reverse mortgage?
The Week via Yahoo News· 1 year agoA house and money. Illustrated | Getty Images A reverse mortgage can give older homeowners the funds they need to help cover their costs of living. While...
California mortgage relief program running low on funding
HousingWire via Yahoo Finance· 2 months agoThe state of California is maintaining its mortgage relief program funded by the 2021 American...