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How do you pay back a reverse mortgage?
Bankrate via AOL· 12 hours agoKey takeaways Reverse mortgages allow seniors to borrow against their home equity. If the borrower dies, a reverse ...
CFPB official talks reverse mortgage safety, counseling resources
HousingWire via Yahoo Finance· 5 days agoIn addition, if a consumer has concerns or questions about a reverse mortgage, a loan product, they...
HUD Updates Home Equity Conversion Rules for Purchases
The National Law Review· 15 hours agoThe program allowed allows seniors to purchase a new home that better suits their needs without the...
Movement Mortgage names Joe Thompson as regional director - HousingWire
HousingWire· 18 hours agoMovement Mortgage, a multichannel mortgage lender, has appointed Joe Thompson as its new regional...
Why equity-tapping challenges may make reverse mortgages ‘inevitable’ - HousingWire
HousingWire· 4 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· 3 days agoHomebuilders are offering incentives. One is a rate buydown. A buydown might lower a 7% mortgage...
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...
HECM study examines borrower trends over two decades - HousingWire
HousingWire· 1 day agoThe study, released late last year, examined three core elements of HECM program effectiveness...
4 Ways Baby Boomers Become ‘House Poor’ in Retirement
GOBankingRates via Yahoo Finance· 6 days agoThere are approximately 72 million baby boomers alive in the United States, as of 2019. Many of...
‘Not HELOC. Not piggyback.’ Freddie Mac exec defends new product proposal amid resistance -...
HousingWire· 1 day ago“What we are bringing forward, called closed-end second lien, assuming a FHFA approval, will provide...