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Reverse Mortgage vs. Home Equity Loan: Which to Choose?
Time Magazine· 1 day agoA reverse mortgage and home equity loan both allow homeowners to turn their home equity into cash,...
How Reverse Mortgages Work
Investopedia· 1 day agoHow does a reverse mortgage work? Generally, a reverse mortgage enables a homeowner age 62 or older to access equity ...
Remote reverse mortgage counseling now permanently permitted in Massachusetts - HousingWire
HousingWire· 4 days agoA bill that will permanently allow for remote reverse mortgage counseling via telephone or video...
Longtime reverse mortgage leader Scott Norman appointed CEO of Texas MBA - HousingWire
HousingWire· 6 days agoLongtime reverse mortgage industry professional, advocate and leader Scott Norman has been appointed as the new CEO of the Texas Mortgage Bankers Association ...
Reverse mortgage professionals react to H4P rule changes - HousingWire
HousingWire· 7 days agoAfter the release of proposed new rules for the Home Equity Conversion Mortgage (HECM) for Purchase...
NRMLA, MBA provide comments on HECM application, origination documents - HousingWire
HousingWire· 18 hours agoMBA and NRMLA each state that they are generally...
Ocwen improves overall reverse mortgage performance despite volume contraction - HousingWire
HousingWire· 5 days agoOcwen Financial Corp., parent company of PHH Mortgage Corp. and Liberty Reverse Mortgage, reported an overall improvement in its business performance for ...
FAR, AAG to unify under Finance of America brand - HousingWire
HousingWire· 1 day agoIt is seen as a “milestone” for the unified company, which effectively became the leading presence in the reverse mortgage industry virtually overnight ...
Retirement Redefined: Home Equity & Single Women Over 62
TheStreet.com· 7 days agoExplore how reverse mortgages can unlock home equity for a more secure future. Whether through the loss of a spouse or the increasingly common “gray divorce ...
Legal experts warn of foreclosure risks of reverse mortgages
WBRC Fox 6 Birmingham· 3 days agoIt may sound like a great way to keep your home and add a steady stream of income, but legal experts...