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Should you use a reverse mortgage to cover long-term care costs?
CBS News· 8 hours agoWith the least expensive form of long-term care costing tens of thousands of dollars per year and...
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,...
Longtime reverse mortgage leader Scott Norman appointed CEO of Texas MBA - HousingWire
HousingWire· 6 days agoLongtime reverse mortgage industry professional, advocate and leader Scott Norman has been appointed as the new CEO of the Texas Mortgage
NRMLA, MBA provide comments on HECM application, origination documents - HousingWire
HousingWire· 1 day ago...Administration (FHA)-backed Home Equity Conversion Mortgage (HECM) program, the National Reverse Mortgage Lenders Association (NRMLA) and the Mortgage Bankers Association (MBA) have submitted a...the proposed changes, which include wholesale revisions to the lender table for the best estimate of...
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...
FAR, AAG to unify under Finance of America brand - HousingWire
HousingWire· 1 day agoIt is seen as a “milestone” for the unified company, which effectively became the leading presence in the reverse mortgage industry virtually overnight ...
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...
New appraisal bias protections apply to reverse mortgage program: FHA - HousingWire
HousingWire· 5 days 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 ...
UK house prices rise despite high mortgage rates
Yahoo Finance UK· 16 hours agoThe race for space has firmly gone into reverse gear with annual price growth for flats and terraced houses now accelerating at a faster pace...house...