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How do you pay back a reverse mortgage?
Bankrate via Yahoo Finance· 2 days agoThe Federal Housing Administration (FHA), the agency that backs home equity conversion mortgages (HECMs), the most common type of reverse mortgage ...
One year after expansion, Guaranteed Rate remains bullish on reverse mortgages - HousingWire
HousingWire· 2 days ago“I’d say in the last two or three months in particular, we’ve seen a lot more adoption from our...
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...
Why equity-tapping challenges may make reverse mortgages ‘inevitable’ - HousingWire
HousingWire· 5 days agoTraditional equity-tapping methods — such as selling the home or taking out a home equity loan —...
First-time homebuyers aren't buying until mortgage rates drop. It could be a long wait.
USA TODAY via Yahoo Finance· 4 days agoHomebuilders are offering incentives. One is a rate buydown. A buydown might lower a 7% mortgage ...
Are reverse mortgages for purchase a ‘sleeping giant?’ Pros are split - HousingWire
HousingWire· 4 days agoH4P...sponsored by the federal government. In October, FHA announced a series of new H4P program...
Hancock Whitney (HWC) Loan Balance Solid, Asset Quality Weak
Zacks via Yahoo Finance· 2 days agoHancock Whitney (HWC) is well-poised for growth driven by solid loans, expansion initiatives, a rise...
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...
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...
How industry forecasters see 2024 shaping up
HousingWire via Yahoo Finance· 4 days agoEconomists at Bank of America and the Mortgage Bankers Association have new forecasts for this year and next. We look at mortgage rates, origination...
