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Reverse Mortgage vs. Home Equity Loan: Which to Choose?
Time Magazine· 3 days agoA reverse mortgage and home equity loan both allow homeowners to turn their home equity into cash,...
How Reverse Mortgages Work
Investopedia· 3 days agoHow does a reverse mortgage work? Generally, a reverse mortgage enables a homeowner age 62 or older to access equity ...
In Q1 earnings, Longbridge parent expects reverse mortgage market to improve - HousingWire
HousingWire· 14 hours agoEllington Financial, the parent company of top-five reverse mortgage lender and servicer Longbridge...
Legal experts warn of foreclosure risks of reverse mortgages
WBRC Fox 6 Birmingham· 5 days agoTraditional mortgages usually include homeowners insurance, property taxes, HOA fees, but those...
Should you use a reverse mortgage to cover long-term care costs?
CBS News· 2 days agoWith the least expensive form of long-term care costing tens of thousands of dollars per year and...
NAR magazine devotes space to reverse mortgages and seniors - HousingWire
HousingWire· 2 days agoThe official magazine for the National Association of Realtors (NAR) recently touched on the topic...
Mortgage scam artist admits to conning older Chicago homeowners
WGN Chicago via Yahoo Finance· 1 day agoProsecutors said the 67-year-old targeted elderly African American homeowners amid a massive home...
New appraisal bias protections apply to reverse mortgage program: FHA - HousingWire
HousingWire· 7 days agoAn announcement on Thursday from HUD and a new Mortgagee Letter (ML) published Wednesday by the FHA clarifies that the policy applies to all Title II single-family programs ...
Is the housing market going to crash? What the experts are saying
Bankrate via AOL· 4 days agoIt seems nothing — not even some of the highest mortgage rates of the past two decades — can stop...
Senator inquiring about HMBS program clinches gubernatorial nomination - HousingWire
HousingWire· 17 hours agoSen. Mike Braun (R-Ind.), who recently submitted a series of questions to Ginnie Mae about its...