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Former Norcom reverse mortgage team moving to Supreme Lending - HousingWire
HousingWire· 19 hours agoThe former reverse mortgage team from Norcom Mortgage in Avon, Connecticut — which elected not to...
What Is a Jumbo Reverse Mortgage?
Consumer Affairs· 4 days agoJumbo reverse mortgages are tailored to older homeowners with home values above those of traditional reverse mortgage
In Q1 earnings, Longbridge parent expects reverse mortgage market to improve - HousingWire
HousingWire· 6 days agoEllington Financial, the parent company of top-five reverse mortgage lender and servicer Longbridge...
DeSantis stamps changes to reverse mortgage tax requirements in Florida - HousingWire
HousingWire· 4 days agoFlorida 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 ...
Should seniors use their home equity to pay bills? What experts say
CBS News· 2 hours agoIn fact, the average homeowner is currently sitting on about $300,000 in home equity right now....
The month in reverse mortgage rates: May 2024 - HousingWire
HousingWire· 4 days agoIn March, we explored the difference between Home Equity Conversion Mortgage (HECM) “expected rates”...
HUD, Fannie Mae and Freddie Mac Issue Reconsideration of Value Guidance to Combat Appraisal Bias |...
JD Supra· 4 days agoThe amended Mortgagee Letter may be implemented immediately but must be implemented for FHA case numbers assigned on or after September 2, 2024.
UK interest rates: Bank of England edges closer to summer cut
BBC via Yahoo Finance· 4 days agoRates are currently at their highest level for 16 years which has meant people are paying more to...
FOA records loss in Q1 but remains confident about improving profitability - HousingWire
HousingWire· 7 days agoFinance of America Companies (FOA), which controls the outgoing brands Finance of America Reverse...
Short-selling news startup didn’t disclose investment in anti-hangover drink
Semafor via Yahoo Finance· 2 days agoA new exposé by Hunterbrook Media, the startup newsroom whose affiliated company places stock market...