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How to prepare for FHA appraisal requirements
Bankrate via AOL· 2 hours 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 ... loans,...
Reverse mortgage: What it is and how it works
Bankrate via AOL· 1 week agoHECMs are insured by the Federal Housing Administration (FHA). Non-HECM loans include proprietary reverse mortgages from private lenders
Ginnie Mae denies majority of complaint in Texas Capital Bank lawsuit - HousingWire
HousingWire· 2 hours agoAttorneys for the U.S. Department of Housing and Urban Development (HUD) and Ginnie Mae largely deny...
FAR parent updates investors on AAG integration, business performance - HousingWire
HousingWire· 1 week ago(FOA), parent company of industry-leading reverse mortgage lender Finance of America Reverse (FAR),...
Terry Savage: The pros and cons of reverse mortgages
Chicago Tribune· 2 weeks ago—You can withdraw either a lump sum, use a line of credit, or receive monthly payments — tax free — out of the equity you have built up on your home....
Reverse mortgage volume, HMBS issuance see improvement in March - HousingWire
HousingWire· 2 weeks agoHome Equity Conversion Mortgage (HECM) endorsements increased 8.3% to 2,058 loans in March, an...
WSFS president talks motivation for reverse mortgage survey, potential future action - HousingWire
HousingWire· 1 week agoLast month, Northeast regional lender WSFS Mortgage released the results of a survey that measured reverse mortgage product sentiments ...
Financial planner: Reverse mortgages can help retirees with high property taxes
HousingWire via Yahoo Finance· 2 days ago“I used to dislike reverse mortgages. Now, for many homeowners, they can be the most efficient way...
NPR podcast takes a closer look at reverse mortgages
HousingWire via Yahoo Finance· 3 days ago“[A] reverse mortgage is a loan where you can borrow money against the value of your house,” Woods explained...house’s title is still in your name, but...
Retail losses lead February decline in reverse mortgage volume - HousingWire
HousingWire· 3 days agoReverse mortgage volume dropped in February compared to the month prior, and new data compiled by...
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