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Should you use a reverse mortgage to cover long-term care costs?
CBS News· 2 hours agoWith reverse mortgages, lenders give you access to funding (secured by your home equity) that will...
Reverse Mortgage vs. Home Equity Loan: Which to Choose?
Time Magazine· 1 day agoA reverse mortgage and home equity loan both allow homeowners to turn their home equity into cash,...
How Reverse Mortgages Work
Investopedia· 1 day agoHow does a reverse mortgage work? Generally, a reverse mortgage enables a homeowner age 62 or older to access equity ...
Remote reverse mortgage counseling now permanently permitted in Massachusetts - HousingWire
HousingWire· 4 days agoA bill that will permanently allow for remote reverse mortgage counseling via telephone or video...
Ocwen improves overall reverse mortgage performance despite volume contraction - HousingWire
HousingWire· 5 days agoOcwen Financial Corp., parent company of PHH Mortgage Corp. and Liberty Reverse Mortgage, reported an overall improvement in its business ...
FAR, AAG to unify under Finance of America brand - HousingWire
HousingWire· 1 day agoIt is seen as a “milestone” for the unified company, which effectively became the leading presence in the reverse mortgage industry virtually overnight ...
Mortgage rates push higher with no relief in sight: Freddie Mac
FOX Business· 5 days agoMortgage rates pushed further into the 7% range as the Federal Reserve seems unlikely to reverse its...
Q1 2024 Finance of America Companies Inc Earnings Call
Thomson Reuters StreetEvents via Yahoo Finance· 6 hours agoThere's much dialogue about homeowners being locked into their current home due to rising rates and limited inventory...many of whom have been turned for a traditional kiosk because of concerns ...
Compare the best HELOC rates in May 2024
CNN.com· 1 day agoIf you’re among homeowners looking to tap home equity, you may be closely watching home equity line of credit (HELOC) rates (and mortgage refinancing...
FHA extends foreclosure moratorium on Hawaiian island of Maui - HousingWire
HousingWire· 4 days agoThe Federal Housing Administration (FHA) on Friday published Mortgagee Letter 2024-08, which extends a foreclosure moratorium on the Hawaiian island of Maui through Aug. 4 ...