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1. • 

     Reverse Mortgage vs. Home Equity Loan: Which to Choose?

     Time Magazine· 5 days ago

     A reverse mortgage and home equity loan both allow homeowners to turn their home equity into cash,...

2. • What Is a Jumbo Reverse Mortgage?

     Consumer Affairs· 21 hours ago

     Jumbo reverse mortgages are tailored to older homeowners with home values above those of traditional reverse mortgage

3. • DeSantis stamps changes to reverse mortgage tax requirements in Florida - HousingWire

     HousingWire· 16 hours ago

     Florida Gov. Ron DeSantis (R) signed a bill into law this week that changes certain requirements for the state’s reverse mortgage borrowers, a move that ...

4. • 

     Should you use a reverse mortgage to cover long-term care costs?

     CBS News· 4 days ago

     With the least expensive form of long-term care costing tens of thousands of dollars per year and...

5. • 

     The month in reverse mortgage rates: May 2024 - HousingWire

     HousingWire· 14 hours ago

     In March, we explored the difference between Home Equity Conversion Mortgage (HECM) “expected rates”...

6. • 

     In Q1 earnings, Longbridge parent expects reverse mortgage market to improve - HousingWire

     HousingWire· 3 days ago

     Ellington Financial, the parent company of top-five reverse mortgage lender and servicer Longbridge...

7. • NRMLA, MBA provide comments on HECM application, origination documents - HousingWire

     HousingWire· 5 days 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...

8. • HUD, Fannie Mae and Freddie Mac Issue Reconsideration of Value Guidance to Combat Appraisal Bias |...

     JD Supra· 1 day ago

     The amended Mortgagee Letter may be implemented immediately but must be implemented for FHA case numbers assigned on or after September 2, 2024.

9. • FAR, AAG to unify under Finance of America brand - HousingWire

     HousingWire· 5 days ago

     It is seen as a “milestone” for the unified company, which effectively became the leading presence in the reverse mortgage industry virtually overnight ...

10. • 

      Compare the best HELOC rates in May 2024

      CNN.com· 5 days ago

      If you’re among homeowners looking to tap home equity, you may be closely watching home equity line of credit (HELOC) rates (and mortgage refinancing...