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My mother-in-law, 75, has difficulty paying off her $52,000 mortgage and $20,000 HELOC. Should she...
MarketWatch via Yahoo Finance· 2 hours agoIf your mother expects to live for a long time and/or if she expects the house to continue to...
The best times to get a reverse mortgage
CBS News· 2 days agoIn this environment, many seniors are turning to alternatives, such as reverse mortgages, to borrow money. While reverse mortgages ...
Financial planner: Reverse mortgages can help retirees with high property taxes - HousingWire
HousingWire· 19 hours agoA retired public school teacher living in the Pacific Northwest told MarketWatch that he is feeling...
Reverse mortgage payouts have fallen, but borrowers may still find value: AARP - HousingWire
HousingWire· 6 days agoReverse mortgage industry professionals have spoken for months about the consequences of high...
What happens to your mortgage when you die?
Bankrate via AOL· 6 days agoIf there is no co-borrower, the borrower’s spouse (if married) may remain in the home if they can repay the reverse mortgage loan. If ...
Retail losses lead February decline in reverse mortgage volume - HousingWire
HousingWire· 2 days agoReverse mortgage volume dropped in February compared to the month prior, and new data compiled by ...
Former Ginnie Mae president reacts to lawmaker’s reverse mortgage securities letter - HousingWire
HousingWire· 19 hours agoThe late 2022 failure of RMF and the subsequent assumption of its reverse mortgage portfolio by...
Origins: From managing restaurants to reverse mortgage partnerships - HousingWire
HousingWire· 3 days agoIn the late 2000s, Ryan Schmidt was a restaurant manager with no real understanding of the reverse ...
How to tap into home equity on a paid-off house
CBS News· 3 days agoThis spike in home equity is largely attributed to mortgage rates dropping to sub-3% levels during the COVID-19 pandemic, which increased demand for...
MCS CEO: Adding reverse mortgages creates value for property preservation business - HousingWire
HousingWire· 7 days agoProperty preservation company MCS announced last month that it had entered the reverse mortgage...