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When Does a Reverse Mortgage Make Sense? A Look at the Pros and Cons
US News & World Report· 4 days agoReverse mortgages can be good for aging in place and supplementing retirement income. Reverse mortgages are loans ...
4 Ways Baby Boomers Become ‘House Poor’ in Retirement
GOBankingRates via Yahoo Finance· 20 hours agoThere are approximately 72 million baby boomers alive in the United States, as of 2019. Many of...
After retirement, reverse mortgage pro goes from LO to customer - HousingWire
HousingWire· 7 days agoJim Cullen, who recently retired as a reverse mortgage originator, shares his experience on becoming...
Montana aims to remind seniors about its ‘reverse annuity mortgage’
HousingWire via Yahoo Finance· 3 days agoThe Montana Board of Housing is aiming to remind the state’s seniors about a government-administered...
SYNERGY ONE LENDING
The Post and Courier· 5 days agoFund Retirement Retirement Fund Retirement With the New With With thethe New Reverse Mortgage Reverse Mortgage Revers...
CFPB takes enforcement action against former HECM servicing contractor
HousingWire via Yahoo Finance· 6 days agoUnder federal law, mortgage servicers are required to respond to consumers in a timely manner, a...
CFPB Cracks Down on Mortgage Servicers, Alleging Harmful Practices Against Older Homeowners
The National Law Review· 3 days agoOn June 18, the CFPB settled enforcement actions (found here and here) against two mortgage...
Ginnie Mae seeks venue change in Texas Capital Bank reverse mortgage dispute - HousingWire
HousingWire· 7 days agoThis is according to court filings reviewed by HousingWire’s Reverse Mortgage Daily (RMD). The...
Could aging in place be ‘a poor long-term decision?’
HousingWire via Yahoo Finance· 3 days agoDespite the overwhelming desire of Americans to remain in their homes, a new column from NextAvenue explores the potential downsides of aging in place.
Finance of America takes action in move to raise stock price - HousingWire
HousingWire· 4 days agoFinance of America (FOA), the leading U.S. reverse mortgage lender, has received shareholder approval upon recommendation of its board to perform a reverse ...