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1. • US Mortgage Corporation committed to reverse channel, new HECM head says - HousingWire

     HousingWire· 3 days ago

     New York-based multichannel lender US Mortgage Corporation previously announced that it was renewing its efforts in the reverse mortgage

2. • 

     Norcom Mortgage’s core reverse team elects not to join CMG Financial - HousingWire

     HousingWire· 4 days ago

     The deal, however, will not include core members of Norcom’s well-known team of reverse mortgage...

3. • Reverse mortgage veteran offers advice for bringing new partners aboard - HousingWire

     HousingWire· 2 days ago

     As 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 ...

4. • 

     FHA loans: Definition, requirements and limits

     Bankrate via Yahoo Finance· 3 days ago

     There’s no down payment requirement, but you have to have been affected by a Presidentially designated disaster. Home equity conversion mortgage (HECM):...

5. • 

     What is Home Equity?

     Bankrate via Yahoo Finance· 3 days ago

     You 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,...

6. • 

     U.S. panic over national debt might mark a culture shift—are Americans becoming more ‘European’...

     Fortune via AOL· 8 hours ago

     As U.S. citizens swiped their credit cards, took on bumper loans, and applied for mega-mortgages...

7. • 

     Cash-out refinance: What it is and how it works

     Bankrate via Yahoo Finance· 4 days ago

     The 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,...

8. • 

     How to prepare for FHA appraisal requirements

     Bankrate via AOL· 7 days ago

     When do I need an FHA appraisal?You need to get an FHA appraisal when using many types of FHA loans, including: FHA purchase FHA 203(k) FHA cash-out...

9. • 

     ‘Aging in Place, or Stuck in Place?’

     New York Times· 6 days ago

     Homeownership is not the boon to older Americans that it once was. When it came to housing, Susan Apel and Keith Irwin thought they had planned adroitly...

10. • Americans Are Starting to Feel Optimistic About Retirement Again: Survey

      The Wichita Eagle· 7 hours ago

      Nearly 68% workers and 74% of retirees now express confidence they’ll have enough money to live comfortably throughout retirement. Results from a new retirement survey indicates that a majority ...