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HUD Updates Home Equity Conversion Rules for Purchases
The National Law Review· 1 day agoDepartment of Housing and Urban Development (HUD) issued Mortgagee Letter 2024-06, announcing...
3 ways to borrow $10,000 of home equity (and 2 ways to avoid) right now
CBS News· 2 days agoIn today's high interest rate environment, credit cards, personal loans and standard lines of credit...
4 Ways Baby Boomers Become ‘House Poor’ in Retirement
GoBankingRates via AOL· 6 days agoThere are approximately 72 million baby boomers alive in the United States, as of 2019. Many of...
The High-Class Problem That Comes With Home Equity
New York Times· 7 days agoYou may feel richer as you pay your mortgage down and home values go up. Saving for retirement, on the other hand, is not mandatory. A retirement account...
HECM study examines borrower trends over two decades - HousingWire
HousingWire· 2 days agoA study commissioned by the U.S. Department of Housing and Urban Development (HUD) Office of Policy...
Older Americans are ‘splurging’ on home modifications to support aging in place
HousingWire via Yahoo Finance· 3 days agoHousing an Aging Society Program. “[T]here’s a lot of disparity,” she said. “There are people,...
Nearing Age 50 with $0 Saved for Retirement? Don't Panic -- Read This First
The Motley Fool via AOL· 6 days agoYou might take in a boarder for a short or long while. You might relocate to a less costly region --...
Unlocking dreams: How Truehold’s sale-leaseback is empowering homeowners across St. Louis
St. Louis Post-Dispatch· 2 days agoThomas and Charlene had been living in their St. Louis home for a few years when they realized it no...
Movement Mortgage names Joe Thompson as regional director - HousingWire
HousingWire· 2 days agoMovement Mortgage, a multichannel mortgage lender, has appointed Joe Thompson as its new regional...
James W. Wright, Jr.
The National Law Review· 4 days agoJay Wright is a partner in the firm’s Banking and Financial Services and Litigation practice groups. Jay has earned his Accredited Mortgage Professional (AMP) designation through the Mortgage ...