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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...
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
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...
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 ...
Reverse mortgage volume and HMBS issuance improve in April - HousingWire
HousingWire· 4 days agoSeven of the top nine lenders recorded gains in April, with Plaza Home Mortgage, Liberty Reverse ...
The month in reverse mortgage rates: May 2024 - HousingWire
HousingWire· 3 days agoIn March, we explored the difference between Home Equity Conversion Mortgage (HECM) “expected rates”...
Appeals Court Reverses Lender’s Win in Chetrit Foreclosure
The Real Deal· 3 days agoThe Chetrit Group scored a win in the legal battle against its lender over the Tides hotel in South...
NRMLA, MBA provide comments on HECM application, origination documents - HousingWire
HousingWire· 7 days agoMBA and NRMLA each state that they are generally supportive...
UK house prices rise despite high mortgage rates
Yahoo Finance UK· 6 days agoThe race for space has firmly gone into reverse gear with annual price growth for flats and terraced houses now accelerating at a faster pace...house...
HUD, Fannie Mae and Freddie Mac Issue Reconsideration of Value Guidance to Combat Appraisal Bias |...
JD Supra· 3 days agoThe amended Mortgagee Letter may be implemented immediately but must be implemented for FHA case numbers assigned on or after September 2, 2024.