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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 ...
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,...
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):...
Flats are back in vogue as ‘race for space’ reverses
The Telegraph via Yahoo Finance· 20 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...
Papa Dan's, a Palm Desert pizzeria destroyed in a fire, plans to reopen nearby
The Desert Sun via Yahoo News· 3 days agoPapa Dan's owner has started a fundraiser dedicated solely to supplementing his employees for their...
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...
7 Ways To Get Help When You’re Broke in Retirement
GOBankingRates via Yahoo Finance· 8 hours agoRetirement should be a time to enjoy your family, travel and relax without financial stress. However, many Americans are increasingly concerned about the...
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 ...
Labor Department announces new rule to shield retirement savings - HousingWire
HousingWire· 6 days agoThe U.S. Department of Labor (DOL) on Tuesday announced a new rule that governs retirement advice,...