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Should you use a reverse mortgage to cover long-term care costs?
CBS News· 15 hours agoWith reverse mortgages, lenders give you access to funding (secured by your home equity) that will...
Reverse Mortgage vs. Home Equity Loan: Which to Choose?
Time Magazine· 2 days agoA reverse mortgage and home equity loan both allow homeowners to turn their home equity into cash,...
How Reverse Mortgages Work
Investopedia· 2 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· 5 days agoOcwen Financial Corp., parent company of PHH Mortgage Corp. and Liberty Reverse Mortgage, reported an overall improvement in its business ...
Remote reverse mortgage counseling now permanently permitted in Massachusetts - HousingWire
HousingWire· 4 days agoA bill that will permanently allow for remote reverse mortgage counseling via telephone or video...
Mortgage rates push higher with no relief in sight: Freddie Mac
FOX Business· 5 days agoMortgage rates pushed further into the 7% range as the Federal Reserve seems unlikely to reverse its...
FAR, AAG to unify under Finance of America brand - HousingWire
HousingWire· 2 days agoIt is seen as a “milestone” for the unified company, which effectively became the leading presence in the reverse mortgage industry virtually overnight ...
FOA records loss in Q1 but remains confident about improving profitability - HousingWire
HousingWire· 11 hours agoFinance of America Companies (FOA), which controls the outgoing brands Finance of America Reverse...
"Big Nude Boat" offers a trip to "bare-adise" on a naked cruise
CBS News· 6 days agoOne cruise ship soon to set sail from Florida is making sure all you need is the bare necessities –...
FHA extends foreclosure moratorium on Hawaiian island of Maui - HousingWire
HousingWire· 5 days agoThe Federal Housing Administration (FHA) on Friday published Mortgagee Letter 2024-08, which extends a foreclosure moratorium on the Hawaiian island of Maui through Aug. 4 ...