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What Is a Jumbo Reverse Mortgage?
Consumer Affairs· 3 days agoJumbo reverse mortgages are tailored to older homeowners with home values above those of traditional reverse mortgage
Should you use a reverse mortgage to cover long-term care costs?
CBS News· 6 days agoWith the least expensive form of long-term care costing tens of thousands of dollars per year and...
In Q1 earnings, Longbridge parent expects reverse mortgage market to improve - HousingWire
HousingWire· 5 days agoEllington Financial, the parent company of top-five reverse mortgage lender and servicer Longbridge...
Reverse mortgage volume and HMBS issuance improve in April - HousingWire
HousingWire· 4 days agoSeven of the top nine lenders recorded gains in April, with Plaza Home Mortgage, Liberty Reverse ...
DeSantis stamps changes to reverse mortgage tax requirements in Florida - HousingWire
HousingWire· 3 days agoFlorida Gov. Ron DeSantis (R) signed a bill into law this week that changes certain requirements for the state’s reverse mortgage borrowers, a move that ...
The month in reverse mortgage rates: May 2024 - HousingWire
HousingWire· 3 days agoIn March, we explored the difference between Home Equity Conversion Mortgage (HECM) “expected rates”...
Appeals Court Reverses Lender’s Win in Chetrit Foreclosure
The Real Deal· 3 days agoThe Chetrit Group scored a win in the legal battle against its lender over the Tides hotel in South...
NRMLA, MBA provide comments on HECM application, origination documents - HousingWire
HousingWire· 7 days agoMBA and NRMLA each state that they are generally supportive...
HUD, Fannie Mae and Freddie Mac Issue Reconsideration of Value Guidance to Combat Appraisal Bias |...
JD Supra· 4 days agoThe amended Mortgagee Letter may be implemented immediately but must be implemented for FHA case numbers assigned on or after September 2, 2024.
UK house prices rise despite high mortgage rates
Yahoo Finance UK· 7 days agoThe race for space has firmly gone into reverse gear with annual price growth for flats and terraced houses now accelerating at a faster pace...house...
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