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Reverse mortgage veteran offers advice for bringing new partners aboard - HousingWire
HousingWire· 21 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· 2 days 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· 3 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· 2 days 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· 2 days 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,...
Reversing the Real-Estate Doom Loop Is Possible. Just Look at Detroit.
The Wall Street Journal· 3 days agoThese are exactly the types of buildings that work well as apartment conversions. In more robust...
I paid off my mortgage before retiring - but now I'm trapped in my home
The US Sun· 3 days agoThe couple, both of whom are 71, paid off their mortgage before retiring so the home equity would...
Former academy resumes role as Funding Longevity Task Force - HousingWire
HousingWire· 7 days agoTo get a better understanding of the transition, RMD spoke with Shelley Giordano, director of...
‘Aging in Place, or Stuck in Place?’
New York Times· 5 days agoHomeownership 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...
Cash-out refinance: What it is and how it works
Bankrate via Yahoo Finance· 3 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,...
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