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Remote reverse mortgage counseling now permanently permitted in Massachusetts - HousingWire
HousingWire· 1 day agoA bill that will permanently allow for remote reverse mortgage counseling via telephone or video...
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...
Here's when a reverse mortgage makes sense, experts say
CBS News· 2 weeks agoWith these types of products, your lender pays you out of your home equity. Learn more about your ...
New appraisal bias protections apply to reverse mortgage program: FHA - HousingWire
HousingWire· 2 days 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· 3 days agoApplying to all FHA single-family forward and reverse mortgage programs, the new FHA Mortgagee...
Worried About Assisted Living Costs? Here Are Your Options
SmartAsset via Yahoo Finance· 1 week agoLong-term care in residential facilities like nursing homes is a financial challenge for many. When...
HUD walks back some proposed changes to HECM for Purchase program - HousingWire
HousingWire· 1 week agoThe U.S. Department of Housing and Urban Development (HUD) on Friday announced that a proposed change to the Home Equity Conversion Mortgage (HECM) for Purchase (H4P) program has been modified ...
Why Some Social Security Recipients Will Get 2 Payments in May
The State· 2 days agoDue to a quirk in the system, some Social Security beneficiaries get two payments in May (and none in June).
Get the lowest HELOC rates available in April 2024
CNN.com· 6 days agoIf you’re among homeowners looking to tap home equity, you may be closely watching home equity line of credit (HELOC) rates (and mortgage refinancing...
Does Medicare cover long-term care costs?
CBS News· 5 days agoFor example, if you need nursing home services, the average cost for a semi-private room in a nursing home is over $104,000 per year. The price for a...