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How Reverse Mortgages Work
Investopedia· 6 days agoHow does a reverse mortgage work? Generally, a reverse mortgage enables a homeowner age 62 or older to access equity ...
Reverse mortgage professionals react to H4P rule changes - HousingWire
HousingWire· 2 weeks agoAfter the release of proposed new rules for the Home Equity Conversion Mortgage (HECM) for Purchase...
Remote reverse mortgage counseling now permanently permitted in Massachusetts - HousingWire
HousingWire· 1 week agoA bill that will permanently allow for remote reverse mortgage counseling via telephone or video...
NRMLA, MBA provide comments on HECM application, origination documents - HousingWire
HousingWire· 5 days ago...Department of Housing and Urban Development (HUD)’s Office ofPolicy Development and Research is seeking public comment related to application and origination documents for the Federal...backed Home Equity Conversion Mortgage (HECM) program, the National Reverse Mortgage Lenders Association...
New appraisal bias protections apply to reverse mortgage program: FHA - HousingWire
HousingWire· 1 week agoThe U.S. Department of Housing and Urban Development (HUD) and the Federal Housing Administration (FHA) this week announced a new policy enabling mortgage borrowers to “request ...
HUD and FHA announce new appraisal bias protections - HousingWire
HousingWire· 2 weeks agoApplying to all FHA single-family forward and reverse mortgage programs, the new FHA Mortgagee...
HUD, Fannie Mae and Freddie Mac Issue Reconsideration of Value Guidance to Combat Appraisal Bias |...
JD Supra· 2 days agoThe amended Mortgagee Letter may be implemented immediately but must be implemented for FHA case numbers assigned on or after September 2, 2024.
Thousands of Social Security Recipients Will Soon Qualify for Bigger Payments
The State· 2 days agoThe Supplemental Security Income program sends checks to about 7.4 million Americans every month. A change in government policy will help more Americans qualify for Social ...
DeSantis signs annual package of tax breaks, including sales-tax ‘holiday’ for hurricane...
WJXT Jacksonville· 5 days agoGov. Ron DeSantis on Tuesday signed House Bill 7073 which is expected to provide $1.07 billion in...
Celebrity finance: 7 A-listers and athletes endorsing their way into your wallet — and why not to...
AOL· 4 days agoToday’s celebrities use stardom to entice you into buying crypto, investing in startups, swiping...