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Should you use a reverse mortgage to cover long-term care costs?
CBS News· 6 days agoWith the least expensive form of long-term care costing tens of thousands of dollars per year and...
Reverse mortgage professionals react to H4P rule changes - HousingWire
HousingWire· 2 weeks agoAfter the release of proposed new rules for the Home Equity Conversion Mortgage (HECM) for Purchase...
How Reverse Mortgages Work
Investopedia· 1 week agoHow does a reverse mortgage work? Generally, a reverse mortgage enables a homeowner age 62 or older to access equity ...
In Q1 earnings, Longbridge parent expects reverse mortgage market to improve - HousingWire
HousingWire· 5 days agoEllington Financial, the parent company of top-five reverse mortgage lender and servicer Longbridge...
What Is a Jumbo Reverse Mortgage?
Consumer Affairs· 3 days agoJumbo reverse mortgages are tailored to older homeowners with home values above those of traditional reverse mortgage
Ocwen improves overall reverse mortgage performance despite volume contraction - HousingWire
HousingWire· 2 weeks agoOcwen Financial Corp., parent company of PHH Mortgage Corp. and Liberty Reverse Mortgage, reported an overall improvement in its business ...
DeSantis stamps changes to reverse mortgage tax requirements in Florida - HousingWire
HousingWire· 3 days agoFlorida Gov. Ron DeSantis (R) signed a bill into law this week that changes certain requirements for the state’s reverse mortgage borrowers, a move that ...
Retirement Redefined: Home Equity & Single Women Over 62
TheStreet.com· 2 weeks 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 ...
NRMLA, MBA provide comments on HECM application, origination documents - HousingWire
HousingWire· 1 week agoMBA and NRMLA each state that they are generally...
Aging in place, or stuck in place? | Honolulu Star-Advertiser
Honolulu Star-Advertiser· 2 weeks agoWhen it came to housing, Susan Apel and Keith Irwin thought they had planned adroitly for later...