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Here's when a reverse mortgage makes sense, experts say
CBS News· 19 hours agoWith these types of products, your lender pays you out of your home equity. Learn more about your ...
Unlock Your Home Equity: Modern Reverse Mortgages for Retirement Planning
TheStreet.com· 2 days agoNot just for emergencies anymore, in this series our expert explores how reverse mortgages can boost your retirement income and financial security. Remember ...
US Mortgage Corporation committed to reverse channel, new HECM head says - HousingWire
HousingWire· 2 days agomortgage lending. To go deeper into the company’s renewed efforts in the space, RMD sat down with Krajewski and US Mortgage Corp. President Scott Milner ...
Norcom Mortgage’s core reverse team elects not to join CMG Financial - HousingWire
HousingWire· 3 days agoThe deal, however, will not include core members of Norcom’s well-known team of reverse mortgage...
What is Home Equity?
Bankrate via Yahoo Finance· 2 days agoFor the average borrower, that’s a gain of $24,000 in their ownership stake. Also, mortgage rates have risen significantly since the pandemic years,...
I paid off my mortgage before retiring - but now I'm trapped in my home
The US Sun· 3 days agoThe couple, both of whom are 71, paid off their mortgage before retiring so the home equity would...
3 moves seniors should consider with inflation still high
CBS News· 2 days agoThis is particularly true for seniors, many of whom may be heavily reliant upon Social Security and...
‘Aging in Place, or Stuck in Place?’
New York Times· 5 days agoHomeownership is not the boon to older Americans that it once was. When it came to housing, Susan Apel and Keith Irwin thought they had planned adroitly...
U.S. Treasury’s financial crimes network warns of elder exploitation
HousingWire via Yahoo Finance· 7 days agoLate last year, the FBI warned the public about a problematic rise in instances of elder financial...
‘I was mentally and emotionally drained’: During my divorce, I made a hasty decision to take early...
Market Watch· 6 days agoShould she sell her home — or take out a reverse mortgage? For those who are not familiar with a...
