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How do you pay back a reverse mortgage?
Bankrate via Yahoo Finance· 24 hours 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· 1 day ago“I’d say in the last two or three months in particular, we’ve seen a lot more adoption from our...
CFPB official talks reverse mortgage safety, counseling resources
HousingWire via Yahoo Finance· 5 days ago“There, scammers try to convince the reverse mortgage borrower to sign a power of attorney that...
Newsweek turns eye toward reverse mortgage pros and cons - HousingWire
HousingWire· 2 days agoAs part of its recently launched “Newsweek Vault” subsite, which vets financial products and...
HUD Updates Home Equity Conversion Rules for Purchases
The National Law Review· 1 day agoDepartment of Housing and Urban Development (HUD) issued Mortgagee Letter 2024-06, announcing...
Why equity-tapping challenges may make reverse mortgages ‘inevitable’
HousingWire via Yahoo Finance· 4 days agoTraditional equity-tapping methods — such as selling the home or taking out a home equity loan —...
Are reverse mortgages for purchase a ‘sleeping giant?’ Pros are split - HousingWire
HousingWire· 3 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· 1 day agoHancock Whitney (HWC) is well-poised for growth driven by solid loans, expansion initiatives, a rise...
Movement Mortgage names Joe Thompson as regional director - HousingWire
HousingWire· 1 day agoMovement Mortgage, a multichannel mortgage lender, has appointed Joe Thompson as its new regional...
Jerry Roldan Expands Mortgage Services to West Valley Homebuyers
Digital Journal· 2 days agoWith over two decades of industry expertise, Jerry specializes in various loan options such as FHA, conventional reverse mortgages, and ...