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Montana aims to remind seniors about its ‘reverse annuity mortgage’
HousingWire via Yahoo Finance· 3 days ago“Board staff and participating counselors work closely with the borrowers helping to set up the ...
Compare current mortgage rates
Fortune via AOL· 3 days agoKeeping an eye on mortgage rates as you plan to buy your first home, upgrade or downgrade the size of your house, or refinance? Here are the current...
CFPB takes enforcement action against former HECM servicing contractor
HousingWire via Yahoo Finance· 6 days agoHousingWire‘s Reverse Mortgage Daily (RMD) reached out to NOVAD, and a person who...
4 Ways Baby Boomers Become ‘House Poor’ in Retirement
GOBankingRates via Yahoo Finance· 21 hours agoThere are approximately 72 million baby boomers alive in the United States, as of 2019. Many of...
Should retirees use their homes to pay bills?
Bankrate via AOL· 5 days agoCash-out refinance If you still have a mortgage, you can also access your home equity with a cash-out refinance, which replaces your existing loan with...
Mortgage Originator Texaslending.com Files for Bankruptcy
The Real Deal· 7 days agoThe paperwork was filed by CEO Kevin Miller, who founded Texaslending.com in 2001 and appears in the...
FTSE 100 Live 24 June: Shein IPO speculation mounts, blue-chips close higher, US stocks fall as...
Evening Standard via Yahoo Finance· 2 hours agoPrudential’s $2 billion buyback plan and a tie-up between Frasers Group and THG are among today’s...
Conversion mortgages can help senior homeowners use their frozen equity to downsize.
Salt Lake City Weekly· 5 days agoWouldn't it be nice to not have a mortgage payment each month? For seniors, it's possible with an FHA-insured Conversion Mortgage for Purchase, or H4P as ...
Home equity levels are near record highs. Here are 5 ways to access it.
CBS News· 6 days agoThanks to a mix of sustained demand and low inventory levels, the average homeowner has experienced...
'Sale-leasebacks' offer to help homeowners needing cash. Some lose thousands
NPR· 6 days agoHis house was integral to his retirement plan. He intended to pay off the mortgage by the time he left his job, so he could sell the house and use the equity to purchase the ...