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HUD Updates Home Equity Conversion Rules for Purchases
The National Law Review· 2 days agoDepartment of Housing and Urban Development (HUD) issued Mortgagee Letter 2024-06, announcing...
4 Ways Baby Boomers Become ‘House Poor’ in Retirement
GoBankingRates via AOL· 7 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...
3 ways to borrow $10,000 of home equity (and 2 ways to avoid) right now
CBS News· 3 days agoIn today's high interest rate environment, credit cards, personal loans and standard lines of credit...
Older Americans are ‘splurging’ on home modifications to support aging in place
HousingWire via Yahoo Finance· 4 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 --...
'Nothing to live for': Greater Cincinnati vet on the street after questionable home sale
Local 12 Cincinnati· 2 days ago"They took almost everything I own," said Fred Meisberger, standing outside his former home....
Who bought and who sold property in Somerset County May 13-17?
The Daily American via Yahoo News· 2 days agoMortgage Assets Management LLC, formerly known as Reverse Mortgage Solutions Inc., to Kathy Friend, Salisbury Borough, $89,000. L. Douglas and Jeanne Cober ...
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...
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