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March reverse mortgage data shows retail outpaced wholesale - HousingWire
HousingWire· 6 hours agoHome Equity Conversion Mortgage (HECM) endorsements declined by 4.2% in March, a dynamic primarily...
Acting Ginnie Mae president comments on ’HMBS 2.0’ - HousingWire
HousingWire· 6 hours agoGinnie Mae, which manages the government-guaranteed portfolio of forward and reverse mortgage-backed...
Newsweek turns eye toward reverse mortgage pros and cons - HousingWire
HousingWire· 1 week agoThis is according to a look at the reverse mortgage product category published by Newsweek. As part...
CFPB official talks reverse mortgage safety, counseling resources
HousingWire via Yahoo Finance· 2 weeks ago“There are no monthly payments, but interest and fees are added to the loan balance each month,” she...
What Seniors Need To Know About Reverse Mortgages—From Taxes To Catches
Forbes· 2 days agoThe program was initially designed to "meet the special needs of elderly homeowners by reducing the...
Why equity-tapping challenges may make reverse mortgages ‘inevitable’ - HousingWire
HousingWire· 1 week agoTraditional equity-tapping methods — such as selling the home or taking out a home equity loan —...
How do you pay back a reverse mortgage?
Bankrate via Yahoo Finance· 1 week agoThe Federal Housing Administration (FHA), the agency that backs home equity conversion mortgages (HECMs), the most common type of < ...
Ginnie Mae eyes year-end for new HMBS product - HousingWire
HousingWire· 1 day agoGinnie Mae is aiming to roll out plans for its new Home Equity Conversion Mortgage (HECM)-backed...
Find competitive rates for HELOCs in May 2024
CNN.com· 5 days agoIf you’re among homeowners looking to tap home equity, you may be closely watching home equity line of credit (HELOC ...
3 ways to borrow $10,000 of home equity (and 2 ways to avoid) right now
CBS News· 1 week agoIn today's high interest rate environment, credit cards, personal loans and standard lines of credit...
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