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South River president on 2024 reverse mortgage industry’s competitive landscape - HousingWire
HousingWire· 3 hours agoTop 10 reverse mortgage industry lender South River Mortgage is aiming to focus on its strengths. In...
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 ...
CFPB Imposes Bans from Reverse Mortgage Servicing, $11.5 Million Restitution, and $5 Million in...
JD Supra· 17 hours agoHECM contract holder and two of its subcontractor's subsidiaries are permanently banned from reverse mortgage servicing activities. Respondents must pay ...
CFPB Cracks Down on Mortgage Servicers, Alleging Harmful Practices Against Older Homeowners | JD...
JD Supra· 17 hours agoOn June 18, the CFPB settled enforcement actions (found here and here) against two mortgage servicers who serviced reverse mortgages on behalf of HUD, for ...
4 Ways Baby Boomers Become ‘House Poor’ in Retirement
GOBankingRates via Yahoo Finance· 1 day agoThere are approximately 72 million baby boomers alive in the United States, as of 2019. Many of...
What happens when you pay off your mortgage?
Bankrate via Yahoo Finance· 4 hours agoCan I access the equity in my home after paying off the mortgage?After you pay off your home, you access your home equity in a few different ways. You...
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· 6 days agoFund Retirement Retirement Fund Retirement With the New With With thethe New Reverse Mortgage Reverse Mortgage Revers...
Does My Retirement Income Count as Income for Social Security?
SmartAsset via Yahoo Finance· 4 days agoDeciding when to take Social Security benefits is one of the most important questions to answer in...
Is a HELOC or home equity loan better to borrow $80,000?
CBS News· 8 hours agoWith just over $300,000 worth of equity, the average homeowner has a significant amount of money...