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Here's when a reverse mortgage makes sense, experts say
CBS News· 18 hours agoWith these types of products, your lender pays you out of your home equity. Learn more about your ...
Reverse mortgage payouts have fallen, but borrowers may still find value: AARP - HousingWire
HousingWire· 2 weeks agoReverse mortgage industry professionals have spoken for months about the consequences of high...
My mother-in-law, 75, has difficulty paying off her $52,000 mortgage and $20,000 HELOC. Should she...
MarketWatch via Yahoo Finance· 6 days 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· 1 week agoIn this environment, many seniors are turning to alternatives, such as reverse mortgages, to borrow money. While reverse mortgages ...
MCS CEO: Adding reverse mortgages creates value for property preservation business - HousingWire
HousingWire· 2 weeks agoCraig Torrance, he explained his company’s interest in the reverse space. In the second part of the...
What happens to your mortgage when you die?
Bankrate via AOL· 2 weeks 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 ...
Origins: From managing restaurants to reverse mortgage partnerships - HousingWire
HousingWire· 1 week agoNo single reverse mortgage professional takes the same path into the business,and in the latest...
Reverse mortgage veteran offers advice for bringing new partners aboard - HousingWire
HousingWire· 16 hours agoThe partner engagement program at Finance of America Reverse (FAR) aims to bring new people and professional relationships into the orbit of the nation’ ...
Norcom Mortgage’s core reverse team elects not to join CMG Financial - HousingWire
HousingWire· 3 days agoMortgage’s retail assets to expand its operations in the Northeast. The deal, however, will not...
What are the potential home equity and tax strategies for wealthy seniors?
HousingWire via Yahoo Finance· 16 hours agoIf a wealthy client used a reverse mortgage and gifted the proceeds, there would be no tax liability...