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Reverse Mortgage vs. Home Equity Loan: Which to Choose?
Time Magazine· 3 days agoA reverse mortgage and home equity loan both allow homeowners to turn their home equity into cash,...
In Q1 earnings, Longbridge parent expects reverse mortgage market to improve - HousingWire
HousingWire· 6 hours agoEllington Financial, the parent company of top-five reverse mortgage lender and servicer Longbridge...
Should you use a reverse mortgage to cover long-term care costs?
CBS News· 1 day agoWith the least expensive form of long-term care costing tens of thousands of dollars per year and...
How Reverse Mortgages Work
Investopedia· 3 days agoHow does a reverse mortgage work? Generally, a reverse mortgage enables a homeowner age 62 or older to access equity ...
Ocwen improves overall reverse mortgage performance despite volume contraction - HousingWire
HousingWire· 6 days agoOcwen Financial Corp., parent company of PHH Mortgage Corp. and Liberty Reverse Mortgage, reported an overall improvement in its business ...
NAR magazine devotes space to reverse mortgages and seniors - HousingWire
HousingWire· 1 day agoThe official magazine for the National Association of Realtors (NAR) recently touched on the topic...
Ellington Financial Inc. Reports Q1 2024 Earnings: A Detailed Overview
GuruFocus.com via Yahoo Finance· 16 hours agoDespite challenges in the Agency strategy, which saw a decrease in the portfolio size to $662.6 million, the company managed a modest profit through effective interest rate hedges. The Longbridge ...
Mortgage scam artist admits to conning older Chicago homeowners
WGN Chicago via Yahoo Finance· 1 day agoFederal authorities charged Diamond and his associates in 2017 with running a reverse mortgage...
NRMLA, MBA provide comments on HECM application, origination documents - HousingWire
HousingWire· 2 days agoMBA and NRMLA each state that they are generally...
New appraisal bias protections apply to reverse mortgage program: FHA - HousingWire
HousingWire· 6 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 ...