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What To Know About Reverse Mortgages—From Taxes To Impact On Benefits
Forbes· 1 day agoThe program was initially designed to "meet the special needs of elderly homeowners by reducing the...
NAF’s Shannon Robinson updates the status of reverse mortgage business in 2024 - HousingWire
HousingWire· 18 hours agoMultichannel lender New American Funding (NAF) is going big on reverse mortgages. To get a better...
Impact of Revised FHA Handbook on Reverse Mortgage Servicers
The National Law Review· 2 hours agoWhile the revisions in the new handbook are sweeping, this post is focused on how the revisions...
How do you pay back a reverse mortgage?
Bankrate via Yahoo Finance· 6 days 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· 6 days ago“I’d say in the last two or three months in particular, we’ve seen a lot more adoption from our...
Newsweek turns eye toward reverse mortgage pros and cons - HousingWire
HousingWire· 7 days agoAs part of its recently launched “Newsweek Vault” subsite, which vets financial products and...
FDIC settles with Arkansas bank over alleged violations, including for reverse mortgages -...
HousingWire· 2 days agoThe bank has been issued an order to pay a civil penalty of $1.5 million, and the FDIC has also...
Liberty Reverse parent receives shareholder approval for rebranding - HousingWire
HousingWire· 2 days agoOcwen Financial Corp, the parent company of PHH Mortgage Corp. and its reverse mortgage subsidiary...
HUD Updates Home Equity Conversion Rules for Purchases
The National Law Review· 6 days agoDepartment of Housing and Urban Development (HUD) issued Mortgagee Letter 2024-06, announcing...
How To Make Homeownership Work for Your Retirement Plan
GOBankingRates via Yahoo Finance· 2 days agoYour home is probably one of the most significant assets you have, and it can play a huge role in...
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