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Former Norcom reverse mortgage team moving to Supreme Lending - HousingWire
HousingWire· 11 hours agoThe former reverse mortgage team from Norcom Mortgage in Avon, Connecticut — which elected not to...
Should you use a reverse mortgage to cover long-term care costs?
CBS News· 7 days agoWith the least expensive form of long-term care costing tens of thousands of dollars per year and...
What Is a Jumbo Reverse Mortgage?
Consumer Affairs· 4 days agoJumbo reverse mortgages are tailored to older homeowners with home values above those of traditional reverse mortgage
In Q1 earnings, Longbridge parent expects reverse mortgage market to improve - HousingWire
HousingWire· 5 days agoEllington Financial, the parent company of top-five reverse mortgage lender and servicer Longbridge...
Reverse mortgage volume and HMBS issuance improve in April - HousingWire
HousingWire· 4 days agoSeven of the top nine lenders recorded gains in April, with Plaza Home Mortgage, Liberty Reverse ...
DeSantis stamps changes to reverse mortgage tax requirements in Florida - HousingWire
HousingWire· 4 days agoFlorida Gov. Ron DeSantis (R) signed a bill into law this week that changes certain requirements for the state’s reverse mortgage borrowers, a move that ...
The month in reverse mortgage rates: May 2024 - HousingWire
HousingWire· 3 days agoIn March, we explored the difference between Home Equity Conversion Mortgage (HECM) “expected rates”...
3rd DCA Rules in Borrower's Favor in Tides Hotel Foreclosure in Miami Beach | Daily Business Review
Law.com· 13 hours agoThe foreclosure involves three main actors: First...First, the appellate-defendant, CG Tides LLC,...
Appeals Court Reverses Lender’s Win in Chetrit Foreclosure
The Real Deal· 4 days agoThe Chetrit Group scored a win in the legal battle against its lender over the Tides hotel in South...
HUD, Fannie Mae and Freddie Mac Issue Reconsideration of Value Guidance to Combat Appraisal Bias |...
JD Supra· 4 days agoThe amended Mortgagee Letter may be implemented immediately but must be implemented for FHA case numbers assigned on or after September 2, 2024.