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US Mortgage Corporation committed to reverse channel, new HECM head says - HousingWire
HousingWire· 6 days agoNew York-based multichannel lender US Mortgage Corporation previously announced that it was renewing its efforts in the reverse mortgage
Reverse mortgage veteran offers advice for bringing new partners aboard - HousingWire
HousingWire· 5 days 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 ...
FHA loans: Definition, requirements and limits
Bankrate via Yahoo Finance· 6 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· 6 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,...
Papa Dan's, a Palm Desert pizzeria destroyed in a fire, plans to reopen nearby
The Desert Sun via Yahoo News· 2 days agoPapa Dan's owner has started a fundraiser dedicated solely to supplementing his employees for their...
Flats are back in vogue as ‘race for space’ reverses
The Telegraph via Yahoo Finance· 15 hours agoTom Bill, of estate agency Knight Frank, said: “Not only do higher mortgage rates mean tighter budgets, demand for housing also becomes skewed towards...
7 Ways To Get Help When You’re Broke in Retirement
GOBankingRates via Yahoo Finance· 4 hours agoRetirement should be a time to enjoy your family, travel and relax without financial stress. However, many Americans are increasingly concerned about the...
Couple trapped in $700k home they 'can't move out of' despite paying mortgage
The US Sun· 1 day agoTwenty-four years ago, Apel and Irwin purchased their four-bedroom home on two acres in Lebanon, New...
HUD walks back some proposed changes to HECM for Purchase program - HousingWire
HousingWire· 3 days agoThe U.S. Department of Housing and Urban Development (HUD) on Friday announced that a proposed change to the Home Equity Conversion Mortgage (HECM) for Purchase (H4P) program ...
Does Medicare cover long-term care costs?
CBS News· 7 hours agoFor example, if you need nursing home services, the average cost for a semi-private room in a nursing home is over $104,000 per year. The price for a...
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