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How do you pay back a reverse mortgage?
Bankrate via AOL· 12 hours agoKey takeaways Reverse mortgages allow seniors to borrow against their home equity. If the borrower dies, a reverse ...
HUD Updates Home Equity Conversion Rules for Purchases
The National Law Review· 14 hours agoThe program allowed allows seniors to purchase a new home that better suits their needs without the...
CFPB official talks reverse mortgage safety, counseling resources
HousingWire via Yahoo Finance· 5 days agoRoyster said that for a senior homeowner seeking access to additional cash, there is no one right...
Movement Mortgage names Joe Thompson as regional director - HousingWire
HousingWire· 18 hours agoMovement Mortgage, a multichannel mortgage lender, has appointed Joe Thompson as its new regional...
Why equity-tapping challenges may make reverse mortgages ‘inevitable’
HousingWire via Yahoo Finance· 4 days agoInterest rates also further complicate matters if the homeowner has a more beneficial mortgage rate...
First-time homebuyers aren't buying until mortgage rates drop. It could be a long wait.
USA TODAY via Yahoo Finance· 3 days agomortgage is more or less the norm, with 4% the outlier. “There are only a few times that we had huge...
HECM study examines borrower trends over two decades - HousingWire
HousingWire· 1 day agoThe study, released late last year, examined three core elements of HECM program effectiveness...
3 ways to borrow $10,000 of home equity (and 2 ways to avoid) right now
CBS News· 2 days agoIn today's high interest rate environment, credit cards, personal loans and standard lines of credit...
4 Ways Baby Boomers Become ‘House Poor’ in Retirement
GOBankingRates via Yahoo Finance· 6 days agoThere are approximately 72 million baby boomers alive in the United States, as of 2019. Many of...
Nonprofits in Little Rock, Harrison, Russellville get grants for housing counseling | Arkansas...
Arkansas Democrat-Gazette· 2 days agoFour nonprofits in Arkansas are among the 165 housing counseling agencies nationwide to get...