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Legal experts warn of foreclosure risks of reverse mortgages
WBRC Fox 6 Birmingham· 10 minutes agoIt may sound like a great way to keep your home and add a steady stream of income, but legal experts say knowing the risks of reverse mortgages is crucial ...
Can you get a reverse mortgage if you're younger than 62?
CBS News· 4 days agoIf you're someone who hasn't been able to keep up with bills or who simply wants to take advantage...
Ocwen improves overall reverse mortgage performance despite volume contraction - HousingWire
HousingWire· 2 days agoOcwen Financial Corp., parent company of PHH Mortgage Corp. and Liberty Reverse Mortgage, reported an overall improvement in its business ...
Longtime reverse mortgage leader Scott Norman appointed CEO of Texas MBA - HousingWire
HousingWire· 3 days agoLongtime reverse mortgage industry professional, advocate and leader Scott Norman has been appointed as the new CEO of the Texas Mortgage
Reverse mortgage professionals react to H4P rule changes - HousingWire
HousingWire· 4 days agoAfter the release of proposed new rules for the Home Equity Conversion Mortgage (HECM) for Purchase...
Michigan attorney general reissues reverse mortgage consumer alert - HousingWire
HousingWire· 5 days ago“A reverse mortgage is a type of home equity loan extended, in most cases, to those who are 62 years...
Retirement Redefined: Home Equity & Single Women Over 62
TheStreet.com· 4 days agoExplore how reverse mortgages can unlock home equity for a more secure future. Whether through the loss of a spouse or the increasingly common “gray divorce ...
Mortgage rates push higher with no relief in sight: Freddie Mac
FOX Business· 2 days agoMortgage rates pushed further into the 7% range as the Federal Reserve seems unlikely to reverse its...
New appraisal bias protections apply to reverse mortgage program: FHA - HousingWire
HousingWire· 2 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 ...
What the Fed’s continued rate pause means for homebuyers and sellers
Bankrate via Yahoo Finance· 3 days agoNew adjustable mortgage products are structured to change every six months rather than every 12...