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What are the pros and cons of a reverse mortgage, and is it right for me?
CNN.com· 6 days agoTapping your home’s equity with a reverse mortgage may sound like the ideal way to supplement your...
Are reverse mortgages for purchase a ‘sleeping giant?’ Pros are split - HousingWire
HousingWire· 19 hours agoH4P...sponsored by the federal government. In October, FHA announced a series of new H4P program...
CFPB official talks reverse mortgage safety, counseling resources - HousingWire
HousingWire· 3 days agoThis may lead an older homeowner to consider a product like a reverse mortgage, but potential...
Why equity-tapping challenges may make reverse mortgages ‘inevitable’
HousingWire via Yahoo Finance· 2 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· 1 day agoHomebuilders are offering incentives. One is a rate buydown. A buydown might lower a 7% mortgage...
Small Business - The Brewton Standard | The Brewton Standard
The Brewton Standard· 6 days agoA reverse mortgage is a novel financial strategy that enables homeowners aged 62 and up to turn a portion of their home equity into cash without having ...
How industry forecasters see 2024 shaping up
HousingWire via Yahoo Finance· 1 day agoEconomists at Bank of America and the Mortgage Bankers Association have new forecasts for this year and next. We look at mortgage rates, origination...
FOA’s Resch on the evolution of reverse mortgages for financial planning - HousingWire
HousingWire· 6 days agoAdvisers have read this, and they are hearing the messaging. One thing about advisers is that they...
Should I use a home equity loan to buy a car?
Bankrate via Yahoo Finance· 6 days agoFor one, you might end up needing that equity in an emergency. For another, you might find you’ve taken on too much debt, in-between your first mortgage...
Iowa Adopts Mortgage Servicer Prudential Standards | JD Supra
JD Supra· 3 days agoEffective July 1, Iowa House File 2392 (the “Iowa Law”) enacts mortgage servicer prudential standards (codified in Chapter 535B of the Iowa Code) that largely follow those ...
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