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1. • 

     Former Norcom reverse mortgage team moving to Supreme Lending - HousingWire

     HousingWire· 9 hours ago

     The former reverse mortgage team from Norcom Mortgage in Avon, Connecticut — which elected not to...

2. • 

     Should you use a reverse mortgage to cover long-term care costs?

     CBS News· 7 days ago

     With the least expensive form of long-term care costing tens of thousands of dollars per year and...

3. • 

     In Q1 earnings, Longbridge parent expects reverse mortgage market to improve - HousingWire

     HousingWire· 5 days ago

     Ellington Financial, the parent company of top-five reverse mortgage lender and servicer Longbridge...

4. • What Is a Jumbo Reverse Mortgage?

     Consumer Affairs· 4 days ago

     Jumbo reverse mortgages are tailored to older homeowners with home values above those of traditional reverse mortgage

5. • 

     Reverse mortgage volume and HMBS issuance improve in April - HousingWire

     HousingWire· 4 days ago

     Seven of the top nine lenders recorded gains in April, with Plaza Home Mortgage, Liberty Reverse ...

6. • DeSantis stamps changes to reverse mortgage tax requirements in Florida - HousingWire

     HousingWire· 3 days ago

     Florida 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 ...

7. • 

     The month in reverse mortgage rates: May 2024 - HousingWire

     HousingWire· 3 days ago

     In March, we explored the difference between Home Equity Conversion Mortgage (HECM) “expected rates”...

8. • 

     3rd DCA Rules in Borrower's Favor in Tides Hotel Foreclosure in Miami Beach | Daily Business Review

     Law.com· 11 hours ago

     The foreclosure involves three main actors: First...First, the appellate-defendant, CG Tides LLC,...

9. • 

     Appeals Court Reverses Lender’s Win in Chetrit Foreclosure

     The Real Deal· 3 days ago

     The Chetrit Group scored a win in the legal battle against its lender over the Tides hotel in South...

10. • HUD, Fannie Mae and Freddie Mac Issue Reconsideration of Value Guidance to Combat Appraisal Bias |...

      JD Supra· 4 days ago

      The amended Mortgagee Letter may be implemented immediately but must be implemented for FHA case numbers assigned on or after September 2, 2024.