Search results
Reverse Mortgage vs. Home Equity Loan: Which to Choose?
Time Magazine· 7 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· 5 days agoWith the least expensive form of long-term care costing tens of thousands of dollars per year and...
What Is a Jumbo Reverse Mortgage?
Consumer Affairs· 2 days agoJumbo reverse mortgages are tailored to older homeowners with home values above those of traditional reverse mortgage
In Q1 earnings, Longbridge parent expects reverse mortgage market to improve - HousingWire
HousingWire· 4 days agoEllington Financial, the parent company of top-five reverse mortgage lender and servicer Longbridge...
DeSantis stamps changes to reverse mortgage tax requirements in Florida - HousingWire
HousingWire· 2 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· 2 days agoIn March, we explored the difference between Home Equity Conversion Mortgage (HECM) “expected rates”...
NRMLA, MBA provide comments on HECM application, origination documents - HousingWire
HousingWire· 6 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...
FAR, AAG to unify under Finance of America brand - HousingWire
HousingWire· 6 days agoIt is seen as a “milestone” for the unified company, which effectively became the leading presence in the reverse mortgage industry virtually overnight ...
HUD, Fannie Mae and Freddie Mac Issue Reconsideration of Value Guidance to Combat Appraisal Bias |...
JD Supra· 3 days agoThe amended Mortgagee Letter may be implemented immediately but must be implemented for FHA case numbers assigned on or after September 2, 2024.
Compare the best HELOC rates in May 2024
CNN.com· 6 days 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...
