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Some baby boomers are finding homeownership to be less beneficial - HousingWire
HousingWire· 3 days agoThe article also notes that reverse mortgages are a potentially valuable tool for seniors in the...
Norcom Mortgage’s core reverse team elects not to join CMG Financial - HousingWire
HousingWire· 3 days agoThe deal, however, will not include core members of Norcom’s well-known team of reverse mortgage...
FHA loans: Definition, requirements and limits
Bankrate via Yahoo Finance· 2 days agoThere’s no down payment requirement, but you have to have been affected by a Presidentially designated disaster. Home equity conversion mortgage (HECM):...
‘Aging in Place, or Stuck in Place?’
New York Times· 6 days agoHomeownership is not the boon to older Americans that it once was. When it came to housing, Susan Apel and Keith Irwin thought they had planned adroitly...
Cash-out refinance: What it is and how it works
Bankrate via AOL· 3 days agoReverse mortgage: A reverse mortgage allows homeowners aged 62 and up to withdraw cash from their homes. The balance ...
3 moves seniors should consider with inflation still high
CBS News· 2 days agoWith a report released earlier in April showing inflation rising yet again and the prospect of...
What is Home Equity?
Bankrate via Yahoo Finance· 2 days agoYou can use these funds for any purpose. Unlike a HELOC or home equity loan, a cash-out refi might allow you to get a lower rate on your main mortgage,...
‘I was mentally and emotionally drained’: During my divorce, I made a hasty decision to take early...
Market Watch· 7 days agoShould she sell her home — or take out a reverse mortgage? For those who are not familiar with a...
Ocwen Financial Schedules Conference Call – First Quarter 2024 Results and Business Update
Morningstar· 1 day agoOcwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today announced that it will hold a conference call on Thursday, May ...
Money Management International review 2024: A non-profit solution to your debt
Fortune· 6 days agoIf you feel like you’re drowning in high-interest credit card debt or medical bills, a non-profit credit counseling agency like Money Management International could provide much-needed assistance ...