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When is a reverse mortgage the best home equity option? Experts weigh in
CBS News· 2 hours agoOne home equity option many older homeowners are considering is a reverse mortgage, which allows...
Former Norcom reverse mortgage team moving to Supreme Lending - HousingWire
HousingWire· 2 days agoThe former reverse mortgage team from Norcom Mortgage in Avon, Connecticut — which elected not to...
Should you use a reverse mortgage to cover long-term care costs?
CBS News· 1 week agoWith the least expensive form of long-term care costing tens of thousands of dollars per year and...
Remote reverse mortgage counseling now permanently permitted in Massachusetts - HousingWire
HousingWire· 2 weeks agoHealey (D), doing away with a strict face-to-face requirement that has stretched the state’s...
What Is a Jumbo Reverse Mortgage?
Consumer Affairs· 5 days agoJumbo reverse mortgages are tailored to older homeowners with home values above those of traditional reverse mortgage
New York Appellate Division Dismisses Junior Mezz Lender’s Claims for Fraudulent Inducement and...
JD Supra· 2 weeks agoThe court strictly applied the terms of the agreement to defeat the junior mezzanine lender’s claims. The court also reversed a preliminary injunction and ...
New appraisal bias protections apply to reverse mortgage program: FHA - HousingWire
HousingWire· 2 weeks agoAn announcement on Thursday from HUD and a new Mortgagee Letter (ML) published Wednesday by the FHA clarifies that the policy applies to all Title II single-family programs ...
Should seniors use their home equity to pay bills? What experts say
CBS News· 1 day agoIn fact, the average homeowner is currently sitting on about $300,000 in home equity right now....
Teraverde CEO Jim Deitch on finding ways to monetize home equity - HousingWire
HousingWire· 2 weeks agoThe traditional approach fo many LOs won’t cut it in this environment, Deitch said. You can’t go:...
Q1 2024 Ocwen Financial Corp Earnings Call
Thomson Reuters StreetEvents via Yahoo Finance· 2 weeks agoWe've added multichannel origination capabilities to replenish and grow our servicing portfolio and provide earnings balanced through interest...capabilities and multiple industry awards for ...