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DeSantis stamps changes to reverse mortgage tax requirements in Florida - HousingWire
HousingWire· 27 minutes 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 ...
Appeals Court Reverses Lender’s Win in Chetrit Foreclosure
The Real Deal· 20 minutes agoThe Chetrit Group scored a win in the legal battle against its lender over the Tides hotel in South Beach. This week, the Third District Court of Appeals reversed ...
Reverse Mortgage vs. Home Equity Loan: Which to Choose?
Time Magazine· 4 days agoA reverse mortgage and home equity loan both allow homeowners to turn their home equity into cash,...
Should you use a reverse mortgage to cover long-term care costs?
CBS News· 3 days agoWith the least expensive form of long-term care costing tens of thousands of dollars per year and...
Reverse mortgage volume and HMBS issuance improve in April - HousingWire
HousingWire· 22 hours agoSeven of the top nine lenders recorded gains in April, with Plaza Home Mortgage, Liberty Reverse ...
How Reverse Mortgages Work
Investopedia· 5 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· 2 days agoEllington Financial, the parent company of top-five reverse mortgage lender and servicer Longbridge...
HUD, Fannie Mae and Freddie Mac Issue Reconsideration of Value Guidance to Combat Appraisal Bias |...
JD Supra· 13 hours agoThe amended Mortgagee Letter may be implemented immediately but must be implemented for FHA case numbers assigned on or after September 2, 2024.
UK interest rates: Bank of England edges closer to summer cut
BBC via Yahoo Finance· 11 hours agoRates are currently at their highest level for 16 years which has meant people are paying more to...
Legal experts warn of foreclosure risks of reverse mortgages
WBRC Fox 6 Birmingham· 6 days agoTraditional mortgages usually include homeowners insurance, property taxes, HOA fees, but those...
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