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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...
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...
Legal experts warn of foreclosure risks of reverse mortgages
WBRC Fox 6 Birmingham· 16 hours agoIt may sound like a great way to keep your home and add a steady stream of income, but legal experts...
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 ...
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...
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
Retirement Redefined: Home Equity & Single Women Over 62
TheStreet.com· 5 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 ...
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 ...
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...
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...