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Reverse mortgage: What it is and how it works
Bankrate via AOL· 2 months agoKey takeaways A reverse mortgage allows older homeowners to tap their home’s equity and receive tax-free payments. Many reverse mortgage borrowers use...
Watch Out: Reverse Mortgage Scams in 2023
SmartAsset via Yahoo Finance· 1 year agoA reverse mortgage can provide older homeowners with an additional stream of income in retirement. Reverse mortgages allow eligible homeowners to tap...
My mother-in-law, 75, has difficulty paying off her $52,000 mortgage and $20,000 HELOC. Should she...
MarketWatch via Yahoo Finance· 2 months ago“She can barely make her mortgage payment as all her income goes towards the house payment and...
CFPB official talks reverse mortgage safety, counseling resources
HousingWire via Yahoo Finance· 3 weeks agoBuying into homeownership is already challenging enough for many Americans, but keeping — and...
Mortgages for seniors: Getting a home loan in retirement
Bankrate via Yahoo Finance· 4 months agoWe often think of homebuyers as younger, but retirees and senior citizens have plenty of reasons to...
Michigan attorney general reissues reverse mortgage consumer alert
HousingWire via Yahoo Finance· 1 month agoAerial view of downtown Detroit at twilight in Michigan USA The attorney general of Michigan has...
National columnist examines CFPB reverse mortgage advertising data
HousingWire via Yahoo Finance· 3 months agoA national syndicated columnist has taken a closer look at the reverse mortgage product category...
There's a 'retirement savings crisis' and it’s leading many homeowners to cut back — can a reverse...
MoneyWise via Yahoo Finance· 1 year agoA recent national survey found 89% of Americans aged 60 to 75 answered "yes" to there being a...
Mortgage interest deduction: What it is and what qualifies
Bankrate via Yahoo Finance· 2 months agoKey takeaways The IRS may let you deduct interest paid on your mortgage on your federal income tax...
Residents should be wary of reverse mortgages: Fees and interest can accumulate
The Coshocton Tribune via Yahoo News· 8 months agoLast week I had a call about reverse mortgages. The Consumer Financial Protection Bureau (CFPB) at consumerfinance.gov has some great information about this type of home loan. A Home Equity ...