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New appraisal bias protections apply to reverse mortgage program: FHA - HousingWire
HousingWire· 5 hours agoAn announcement on Thursday from HUD and a new Mortgagee Letter (ML) published Wednesday by the FHA clarifies that the policy applies to all Title II single-family programs ...
Can you get a reverse mortgage if you're younger than 62?
CBS News· 2 days agoIf you're someone who hasn't been able to keep up with bills or who simply wants to take advantage...
Reverse mortgage professionals react to H4P rule changes - HousingWire
HousingWire· 2 days agoAfter the release of proposed new rules for the Home Equity Conversion Mortgage (HECM) for Purchase...
Tiff Macklem defends Bank of Canada's two per cent inflation target
Financial Post via Yahoo Finance· 1 day agoSenators also questioned the central bankers on whether monetary policy had pushed Canada into a...
Couple trapped in $700k home they 'can't move out of' despite paying mortgage
The US Sun· 4 days agoSUSAN Apel and her husband, Keith Irwin thought they set themselves up well for making their big...
7 Ways To Get Help When You’re Broke in Retirement
GOBankingRates via Yahoo Finance· 3 days agoRetirement should be a time to enjoy your family, travel and relax without financial stress. However, many Americans are increasingly concerned about the...
Aging in place, or stuck in place? | Honolulu Star-Advertiser
Honolulu Star-Advertiser· 3 days agoWhen it came to housing, Susan Apel and Keith Irwin thought they had planned adroitly for later...
Planning Your Retirement? Don't Forget About Home Equity
SmartAsset via Yahoo Finance· 4 days agoHistorically, financial advice has treated homes as a source of wealth. When you buy a house –...
FOMC holds rates in place and will slow balance sheet drawdown
Reuters via Yahoo Finance· 1 day agoThe Fed said that starting on June 1 it was reducing the cap on Treasury securities it allows to...
Does Medicare cover long-term care costs?
CBS News· 3 days agoFor example, if you need nursing home services, the average cost for a semi-private room in a nursing home is over $104,000 per year. The price for a...