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HUD Updates Home Equity Conversion Rules for Purchases
The National Law Review· 2 hours agoDepartment of Housing and Urban Development (HUD) issued Mortgagee Letter 2024-06, announcing...
Newsweek turns eye toward reverse mortgage pros and cons - HousingWire
HousingWire· 1 day agoAs part of its recently launched “Newsweek Vault” subsite, which vets financial products and...
CFPB official talks reverse mortgage safety, counseling resources
HousingWire via Yahoo Finance· 4 days ago“There, scammers try to convince the reverse mortgage borrower to sign a power of attorney that...
Hancock Whitney (HWC) Loan Balance Solid, Asset Quality Weak
Zacks via Yahoo Finance· 5 hours agoHancock Whitney (HWC) is well-poised for growth driven by solid loans, expansion initiatives, a rise...
Movement Mortgage names Joe Thompson as regional director - HousingWire
HousingWire· 5 hours agoMovement Mortgage, a multichannel mortgage lender, has appointed Joe Thompson as its new regional...
Are reverse mortgages for purchase a ‘sleeping giant?’ Pros are split - HousingWire
HousingWire· 2 days agoH4P...sponsored by the federal government. In October, FHA announced a series of new H4P program...
Why equity-tapping challenges may make reverse mortgages ‘inevitable’ - HousingWire
HousingWire· 3 days agoTraditional equity-tapping methods — such as selling the home or taking out a home equity loan —...
Jerry Roldan Expands Mortgage Services to West Valley Homebuyers
Digital Journal· 23 hours agoWith over two decades of industry expertise, Jerry specializes in various loan options such as FHA, conventional reverse mortgages, and ...
HECM study examines borrower trends over two decades - HousingWire
HousingWire· 23 hours agoThe study, released late last year, examined three core elements of HECM program effectiveness...
First-time homebuyers aren't buying until mortgage rates drop. It could be a long wait.
USA TODAY via Yahoo Finance· 2 days agoHomebuilders are offering incentives. One is a rate buydown. A buydown might lower a 7% mortgage...