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Reverse Mortgage vs. Home Equity Loan: Which to Choose?
Time Magazine· 1 day agoA reverse mortgage and home equity loan both allow homeowners to turn their home equity into cash,...
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 ...
Can you get a reverse mortgage if you're younger than 62?
CBS News· 7 days agoIf you're someone who hasn't been able to keep up with bills or who simply wants to take advantage...
NRMLA, MBA provide comments on HECM application, origination documents - HousingWire
HousingWire· 13 hours ago...Administration (FHA)-backed Home Equity Conversion Mortgage (HECM) program, the National Reverse Mortgage Lenders Association (NRMLA) and the Mortgage Bankers Association (MBA) have...of the proposed changes, which include wholesale revisions to the lender table for the best estimate of the total...
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
Reverse mortgage professionals react to H4P rule changes - HousingWire
HousingWire· 7 days agoAfter the release of proposed new rules for the Home Equity Conversion Mortgage (HECM) for Purchase...
Q1 2024 Federal Agricultural Mortgage Corp Earnings Call
Thomson Reuters StreetEvents via Yahoo Finance· 8 hours agoOur first quarter 2024 Full results highlight a balanced well measured approach, continued strong credit quality and resiliency across market cycles. We achieved $1.4 billion ...
Retirement Redefined: Home Equity & Single Women Over 62
TheStreet.com· 7 days agoExplore how reverse mortgages can unlock home equity for a more secure future. Whether through the loss of a spouse or the increasingly common “gray divorce ...
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 ...
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...