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Ginnie Mae to explore new reverse mortgage-backed security product
HousingWire via Yahoo Finance· 4 months agoGinnie Mae intends to develop a new reverse mortgage-backed security product enabling the...
FAR parent updates investors on AAG integration, business performance
HousingWire via Yahoo Finance· 3 weeks agoFinance of America Companies (FOA), parent company of industry-leading reverse mortgage lender...
FHA removes mandatory mortgage branch registration requirement
HousingWire via Yahoo Finance· 3 months agoThe Federal Housing Administration (FHA) on Friday announced that it has published a new final rule...
CBO projects FHA to lose $7 billion in 2024 receipts; budget cuts could impact reverse mortgages
HousingWire via Yahoo Finance· 4 months agoAmerican flag waving with the Capitol Hill in the background The Federal Housing Administration...
Reverse mortgage requirements
Bankrate via AOL· 4 months agoKey takeaways Reverse mortgages allow seniors to tap into their home equity to supplement living expenses during retirement. Reverse mortgages come with...
Reverse Mortgage: How Does It Work?
GoBankingRates via AOL· 2 years agoFor many retirees, their largest asset is their home -- but they might not be ready to sell to cash in on their equity. That's where a reverse mortgage...
Feds announce changes to reverse mortgage program
Columbia Basin Herald, Moses Lake, Wash. via Yahoo News· 6 months agoNov. 3—WASHINGTON, D.C. — The Federal Housing Administration released new proposed policy updates to its Home Equity Conversion Program, according to a statement issued Wednesday by the Department ...
What is a reverse mortgage?
The Week via Yahoo News· 1 year agoA house and money. Illustrated | Getty Images A reverse mortgage can give older homeowners the funds they need to help cover their costs of living. While...
FHA loans: Definition, requirements and limits
Bankrate via AOL· 1 week agoKey takeaways An FHA loan is a type of mortgage geared toward borrowers with lower credit scores or who otherwise don't qualify for a conventional loan....
Can Refinancing a Reverse Mortgage Save My Money?
SmartAsset via Yahoo Finance· 1 year agoWhen you need an additional stream of income for retirement, a reverse mortgage is one option you might consider. A reverse mortgage allows you to tap...
