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What Is a Jumbo Reverse Mortgage?
Consumer Affairs· 19 hours agoJumbo reverse mortgages are tailored to older homeowners with home values above those of traditional reverse mortgage
Can you get a reverse mortgage if you're younger than 62?
CBS News· 2 weeks agoIf you're someone who hasn't been able to keep up with bills or who simply wants to take advantage...
NAR magazine devotes space to reverse mortgages and seniors - HousingWire
HousingWire· 4 days agoThe official magazine for the National Association of Realtors (NAR) recently touched on the topic...
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...
Should you use a reverse mortgage to cover long-term care costs?
CBS News· 4 days agoreverse mortgages, lenders give you access to funding (secured by your home equity) that will need...
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...
New appraisal bias protections apply to reverse mortgage program: FHA - HousingWire
HousingWire· 1 week 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 ...
Aging in place, or stuck in place? | Honolulu Star-Advertiser
Honolulu Star-Advertiser· 2 weeks agoWhen it came to housing, Susan Apel and Keith Irwin thought they had planned adroitly for later...
Couple trapped in $700k home they 'can't move out of' despite paying mortgage
The US Sun· 2 weeks agoTwenty-four years ago, Apel and Irwin purchased their four-bedroom home on two acres in Lebanon, New...
Does Medicare cover long-term care costs?
CBS News· 2 weeks 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