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How do you pay back a reverse mortgage?
Bankrate via Yahoo Finance· 4 days agoThere are other situations, though, when the loan could need to be repaid sooner. This can happen if the borrower stops paying homeowners insurance or...
Tuckahoe mayor bought Ossining home for her 'principal residence' during last campaign
Gannett via AOL· 2 hours ago“For most people, the second home is a fraction of the size of their principal residence,” he said....
Why equity-tapping challenges may make reverse mortgages ‘inevitable’
HousingWire via Yahoo Finance· 7 days agoYou generally pay off the mortgage when the home is no longer your principal residence.” But most...
NAF’s reverse division looks to tell new product stories with ‘Old Wives’
HousingWire via Yahoo Finance· 7 days ago“And who better to dispel that myth than the Old Wives themselves.” It also adds a sense of fun and...
Movement Mortgage names Joe Thompson as regional director - HousingWire
HousingWire· 4 days agoMovement Mortgage, a multichannel mortgage lender, has appointed Joe Thompson as its new regional...
Labour wants you to think the Tories caused the mortgage crisis – don’t believe a word
The Telegraph via Yahoo Finance· 4 days agoHis unfunded plans to slash income tax and reverse a National Insurance hike spooked the markets....
HUD Updates Home Equity Conversion Rules for Purchases
The National Law Review· 4 days agoDepartment of Housing and Urban Development (HUD) issued Mortgagee Letter 2024-06, announcing...
3 ways to borrow $10,000 of home equity (and 2 ways to avoid) right now
CBS News· 5 days agoIn today's high interest rate environment, credit cards, personal loans and standard lines of credit...
HUD announces disaster assistance for Iowa tornado survivors
Southwest Iowa's daily newspaper· 6 days agoEffective immediately, HUD is providing a 90-day moratorium on foreclosures of mortgages insured by...
First-time homebuyers aren't buying until mortgage rates drop. It could be a long wait.
USA Today· 6 days agoIn a recent poll, 71% of potential first-time homebuyers said they won’t enter the market until...