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US Mortgage Corporation committed to reverse channel, new HECM head says - HousingWire
HousingWire· 2 days agoNew York-based multichannel lender US Mortgage Corporation previously announced that it was renewing its efforts in the reverse mortgage industry, having hired industry veteran ...
FHA loans: Definition, requirements and limits
Bankrate via Yahoo Finance· 2 days agoDisaster victims mortgage or 203(h) loan: If you’ve lost your home due to a major disaster and need to rebuild or buy a new home, an FHA 203(h) loan...
Ginnie Mae denies majority of complaint in Texas Capital Bank lawsuit - HousingWire
HousingWire· 5 days agoAttorneys for the U.S. Department of Housing and Urban Development (HUD) and Ginnie Mae largely deny...
How to prepare for FHA appraisal requirements
Bankrate via Yahoo Finance· 5 days agoThe homebuyer typically assumes this cost, and it may be folded into your closing costs. How long is an FHA appraisal good for?In general, an FHA...
Financial planner: Reverse mortgages can help retirees with high property taxes
HousingWire via Yahoo Finance· 1 week agoNow, for many homeowners, they can be the most efficient way to stay in their homes.” Since the...
NPR podcast takes a closer look at reverse mortgages
HousingWire via Yahoo Finance· 1 week ago“[A] reverse mortgage...Woods explained. “So, the house’s title is still in your name, but you’re receiving payments while you start to owe more and more...
‘Should I live under a bridge?’ I get $5,600 a month in Social Security retirement income, but my...
Market Watch· 1 week agoHave an issue with your financial adviser or looking for a new one? Email questions and concerns to...
Former academy resumes role as Funding Longevity Task Force - HousingWire
HousingWire· 6 days agoTo get a better understanding of the transition, RMD spoke with Shelley...
Retail losses lead February decline in reverse mortgage volume - HousingWire
HousingWire· 1 week agoReverse mortgage volume dropped in February compared to the month prior, and new data compiled by...