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Reverse mortgage veteran offers advice for bringing new partners aboard - HousingWire
HousingWire· 7 hours agoAs any professional involved in it will know, bringing new people into the fold of the reverse mortgage business can be a difficult task. Reputational challenges ...
US Mortgage Corporation committed to reverse channel, new HECM head says - HousingWire
HousingWire· 1 day agoNew York-based multichannel lender US Mortgage Corporation previously announced that it was renewing its efforts in the reverse mortgage
Norcom Mortgage’s core reverse team elects not to join CMG Financial - HousingWire
HousingWire· 2 days agoThe deal, however, will not include core members of Norcom’s well-known team of reverse mortgage...
FHA loans: Definition, requirements and limits
Bankrate via Yahoo Finance· 1 day agoThere’s no down payment requirement, but you have to have been affected by a Presidentially designated disaster. Home equity conversion mortgage (HECM):...
What is Home Equity?
Bankrate via Yahoo Finance· 1 day agoYou can use these funds for any purpose. Unlike a HELOC or home equity loan, a cash-out refi might allow you to get a lower rate on your main mortgage,...
I paid off my mortgage before retiring - but now I'm trapped in my home
The US Sun· 2 days agoThe couple, both of whom are 71, paid off their mortgage before retiring so the home equity would...
I'm 73 & still have $180,000 mortgage - I'm retiring in debt but have no regrets
The US Sun· 16 hours agoA HOMEOWNER said he has been stuck with $180,000 left to pay on his mortgage despite his older age....
A Reverse Mortgage On The Country
Forbes· 7 days agoSince the same issue has not only remained, but unfortunately grown in size, we thought it timely to revisit the Jones family and see how they are progressing in a new article called A
Cash-out refinance: What it is and how it works
Bankrate via Yahoo Finance· 2 days agoThe first two also involve tapping...a lump-sum payment just after closing. Like a HELOC, it’s a second mortgage secured by your home.Unlike a HELOC,...
Former academy resumes role as Funding Longevity Task Force - HousingWire
HousingWire· 6 days agoTo get a better understanding of the transition, RMD spoke with Shelley Giordano, director of...
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