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Here's when a reverse mortgage makes sense, experts say
CBS News· 2 weeks agoWith these types of products, your lender pays you out of your home equity. Learn more about your ...
Norcom Mortgage’s core reverse team elects not to join CMG Financial - HousingWire
HousingWire· 2 weeks agoEarlier this month, California-based multichannel mortgage lender CMG Financial announced that it...
Can you get a reverse mortgage if you're younger than 62?
CBS News· 5 days agoIf you're someone who hasn't been able to keep up with bills or who simply wants to take advantage...
Reverse mortgage professionals react to H4P rule changes - HousingWire
HousingWire· 4 days agoWhen the news was shared during a panel discussion at the National Reverse Mortgage Lenders...
US Mortgage Corporation committed to reverse channel, new HECM head says - HousingWire
HousingWire· 2 weeks agoNew York-based multichannel lender US Mortgage Corporation previously announced that it was renewing its efforts in the reverse
Remote reverse mortgage counseling now permanently permitted in Massachusetts - HousingWire
HousingWire· 2 days agoHealey (D), doing away with a strict face-to-face requirement that has stretched the state’s...
What are the potential home equity and tax strategies for wealthy seniors? - HousingWire
HousingWire· 2 weeks agoSeniors could choose to employ home equity through a reverse mortgage or other equity-tapping product to manage a series of expenses ...
What is Home Equity?
Bankrate via Yahoo Finance· 2 weeks agoReverse mortgage: For those who are 62 and older (or 55 and older with some products), a reverse mortgage offers another ...
New York Appellate Division Dismisses Junior Mezz Lender’s Claims for Fraudulent Inducement and...
JD Supra· 2 days 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· 3 days 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 ...