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Should you use a reverse mortgage to cover long-term care costs?
CBS News· 20 hours agoWith the least expensive form of long-term care costing tens of thousands of dollars per year and...
Reverse Mortgage vs. Home Equity Loan: Which to Choose?
Time Magazine· 2 days agoA reverse mortgage and home equity loan both allow homeowners to turn their home equity into cash,...
How Reverse Mortgages Work
Investopedia· 2 days agoHow does a reverse mortgage work? Generally, a reverse mortgage enables a homeowner age 62 or older to access equity ...
NAR magazine devotes space to reverse mortgages and seniors - HousingWire
HousingWire· 17 hours agoThe official magazine for the National Association of Realtors (NAR) recently touched on the topic...
Longtime reverse mortgage leader Scott Norman appointed CEO of Texas MBA - HousingWire
HousingWire· 7 days agoLongtime reverse mortgage industry professional, advocate and leader Scott Norman has been appointed as the new CEO of the Texas Mortgage Bankers Association ...
Ellington Financial Inc. Reports Q1 2024 Earnings: A Detailed Overview
GuruFocus.com via Yahoo Finance· 4 minutes agoDespite challenges in the Agency strategy, which saw a decrease in the portfolio size to $662.6 million, the company managed a modest profit through effective interest rate hedges. The Longbridge ...
Remote reverse mortgage counseling now permanently permitted in Massachusetts - HousingWire
HousingWire· 5 days agoA bill that will permanently allow for remote reverse mortgage counseling via telephone or video...
Ocwen improves overall reverse mortgage performance despite volume contraction - HousingWire
HousingWire· 6 days agoOcwen Financial Corp., parent company of PHH Mortgage Corp. and Liberty Reverse Mortgage, reported an overall improvement in its business performance for ...
Mortgage scam artist admits to conning older Chicago homeowners
WGN TV Chicago· 9 hours agoA federal charge of wire fraud affecting a financial institution can result in up to 30 years in...
When Will Social Security Run Out of Money? Latest Prediction Offers Good News
The State· 16 hours agoIf and when funding is exhausted, only 83% of Social Security benefits will be paid to recipients. Here’s a rare piece of good retirement news: The Social Security program is now expected to ...