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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...
Jonathan Scarpati joins NRMLA board of directors - HousingWire
HousingWire· 6 days agoThe National Reverse Mortgage Lenders Association (NRMLA) this week announced that Jonathan...
Why equity-tapping challenges may make reverse mortgages ‘inevitable’
HousingWire via Yahoo Finance· 2 days agoYou generally pay off the mortgage when the home is no longer your principal residence.” But most...
NAF’s reverse division looks to tell new product stories with ‘Old Wives’
HousingWire via Yahoo Finance· 2 days ago“And who better to dispel that myth than the Old Wives themselves.” It also adds a sense of fun and...
Small Business - Cordele Dispatch | Cordele Dispatch
Cordele Dispatch· 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 ...
First-time homebuyers aren't buying until mortgage rates drop. It could be a long wait.
USA Today· 1 day agoIn a recent poll, 71% of potential first-time homebuyers said they won’t enter the market until...
In a win for Biden, Supreme Court allows consumer-finance protection agency to keep operating
Fortune· 7 days agoThe justices ruled 7-2 that the way the CFPB is funded does not violate the Constitution, reversing a lower court. The CFPB was created after the 2008 financial crisis to regulate mortgages ...
HUD publishes several changes to reverse mortgage handbook section - HousingWire
HousingWire· 3 days ago“Today’s update clarifies instructions, adds new guidance, and incorporates previously published ...
James W. Wright, Jr.
The National Law Review· 1 day agoJay Wright is a partner in the firm’s Banking and Financial Services and Litigation practice groups. Jay has earned his Accredited Mortgage Professional (AMP) designation ...
HUD announces disaster assistance for Iowa tornado survivors
Southwest Iowa's daily newspaper· 21 hours agoEffective immediately, HUD is providing a 90-day moratorium on foreclosures of mortgages insured by...