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In Q1 earnings, Longbridge parent expects reverse mortgage market to improve - HousingWire
HousingWire· 2 hours agoEllington Financial, the parent company of top-five reverse mortgage lender and servicer Longbridge...
Reverse Mortgage vs. Home Equity Loan: Which to Choose?
Time Magazine· 3 days agoA reverse mortgage and home equity loan both allow homeowners to turn their home equity into cash,...
Should you use a reverse mortgage to cover long-term care costs?
CBS News· 1 day agoWith the least expensive form of long-term care costing tens of thousands of dollars per year and...
Ocwen improves overall reverse mortgage performance despite volume contraction - HousingWire
HousingWire· 6 days agoOcwen Financial Corp., parent company of PHH Mortgage Corp. and Liberty Reverse Mortgage, reported an overall improvement in its business ...
Remote reverse mortgage counseling now permanently permitted in Massachusetts - HousingWire
HousingWire· 5 days agoA bill that will permanently allow for remote reverse mortgage counseling via telephone or video...
NRMLA, MBA provide comments on HECM application, origination documents - HousingWire
HousingWire· 2 days ago...Administration (FHA)-backed Home Equity Conversion Mortgage (HECM) program, the National Reverse Mortgage Lenders Association (NRMLA) and the Mortgage Bankers Association (MBA) have submitted a...the proposed changes, which include wholesale revisions to the lender table for the best estimate of...
New appraisal bias protections apply to reverse mortgage program: FHA - HousingWire
HousingWire· 6 days agoAn announcement on Thursday from HUD and a new Mortgagee Letter (ML) published Wednesday by the FHA clarifies that the policy applies to all Title II single-family programs ...
Is the housing market going to crash? What the experts are saying
Bankrate via AOL· 3 days agoExisting-home sales fell 4.3 percent from...year, and a record high for the month. In March, the...
Mortgage rates push higher with no relief in sight: Freddie Mac
FOX Business· 6 days agoMortgage rates pushed further into the 7% range as the Federal Reserve seems unlikely to reverse its...
FAR, AAG to unify under Finance of America brand - HousingWire
HousingWire· 2 days agoIt is seen as a “milestone” for the unified company, which effectively became the leading presence in the reverse mortgage industry virtually overnight ...