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How do you pay back a reverse mortgage?
Bankrate via Yahoo Finance· 2 days agoKey takeaways Reverse mortgages allow seniors to borrow against their home equity. If the borrower dies, a reverse ...
CFPB official talks reverse mortgage safety, counseling resources
HousingWire via Yahoo Finance· 6 days agoIn addition, if a consumer has concerns or questions about a reverse mortgage, a loan product, they...
Why equity-tapping challenges may make reverse mortgages ‘inevitable’ - HousingWire
HousingWire· 5 days agoTraditional equity-tapping methods — such as selling the home or taking out a home equity loan —...
HUD Updates Home Equity Conversion Rules for Purchases
The National Law Review· 2 days agoThe program allowed allows seniors to purchase a new home that better suits their needs without the...
Movement Mortgage names Joe Thompson as regional director - HousingWire
HousingWire· 2 days agoMovement Mortgage, a multichannel mortgage lender, has appointed Joe Thompson as its new regional...
First-time homebuyers aren't buying until mortgage rates drop. It could be a long wait.
USA TODAY via Yahoo Finance· 4 days agoHomebuilders are offering incentives. One is a rate buydown. A buydown might lower a 7% mortgage...
4 Ways Baby Boomers Become ‘House Poor’ in Retirement
GOBankingRates via Yahoo Finance· 7 days agoThere are approximately 72 million baby boomers alive in the United States, as of 2019. Many of...
Clarity? In this economy?
NBC News via Yahoo Finance· 51 minutes agoThe economic data looks remarkably solid with the election about five months out, but Americans are torn between hopeful and stuck on a “hamster wheel.”
UK inflation slows to near three-year low
Alaska Superstation· 4 days agoBritain's annual inflation rate slowed to a near three-year low in April as energy prices cooled further, official data showed Wednesday, easing a...
HECM study examines borrower trends over two decades - HousingWire
HousingWire· 3 days agoThe study, released late last year, examined three core elements of HECM program effectiveness...
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