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Here's when a reverse mortgage makes sense, experts say
CBS News· 1 day agoWith these types of products, your lender pays you out of your home equity. Learn more about your ...
What are the potential home equity and tax strategies for wealthy seniors?
HousingWire via Yahoo Finance· 1 day agoIf a wealthy client used a reverse mortgage and gifted the proceeds, there would be no tax liability...
Unlock Your Home Equity: Modern Reverse Mortgages for Retirement Planning
TheStreet.com· 2 days agoNot just for emergencies anymore, in this series our expert explores how reverse mortgages can boost your retirement income and financial security. Remember ...
Norcom Mortgage’s core reverse team elects not to join CMG Financial - HousingWire
HousingWire· 3 days agoThe deal, however, will not include core members of Norcom’s well-known team of reverse mortgage...
US Mortgage Corporation committed to reverse channel, new HECM head says - HousingWire
HousingWire· 2 days agoNew York-based multichannel lender US Mortgage Corporation previously announced that it was renewing its efforts in the reverse mortgage
What is Home Equity?
Bankrate via Yahoo Finance· 2 days agoReverse mortgage: For those who are 62 and older (or 55 and older with some products), a reverse mortgage offers another ...
Some baby boomers are finding homeownership to be less beneficial - HousingWire
HousingWire· 3 days agoThe article also notes that reverse mortgages are a potentially valuable tool for seniors in the...
3 moves seniors should consider with inflation still high
CBS News· 2 days agoThis is particularly true for seniors, many of whom may be heavily reliant upon Social Security and...
I paid off my mortgage before retiring - but now I'm trapped in my home
The US Sun· 3 days agoThe couple, both of whom are 71, paid off their mortgage before retiring so the home equity would...
‘Aging in Place, or Stuck in Place?’
New York Times· 5 days agoHomeownership is not the boon to older Americans that it once was. When it came to housing, Susan Apel and Keith Irwin thought they had planned adroitly...