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Why equity-tapping challenges may make reverse mortgages ‘inevitable’
HousingWire via Yahoo Finance· 16 hours agoTraditional equity-tapping methods — such as selling the home or taking out a home equity loan —...
CFPB official talks reverse mortgage safety, counseling resources
HousingWire via Yahoo Finance· 2 days agoIn addition, if a consumer has concerns or questions about a reverse mortgage, a loan product, they...
Small Business - Cordele Dispatch | Cordele Dispatch
Cordele Dispatch· 5 days agoA reverse mortgage is a novel financial strategy that enables homeowners aged 62 and up to turn a portion of their home equity into cash without having ...
What are the pros and cons of a reverse mortgage, and is it right for me?
CNN.com· 5 days agoTapping your home’s equity with a reverse mortgage may sound like the ideal way to supplement your...
When is a reverse mortgage the best home equity option? Experts weigh in
CBS News· 7 days agoOne home equity option many older homeowners are considering is a reverse mortgage, which allows...
The long road to remote reverse mortgage counseling in Massachusetts - HousingWire
HousingWire· 7 days agoFrom 2010 to 2024, the reverse mortgage industry sought to allow remote reverse mortgage counseling...
Vindicated by Supreme Court, CFPB director says bureau will add staff, consider new rules on banks
WIVB Buffalo· 5 days agoNEW YORK (AP) — Since its creation roughly 14 years ago, the Consumer Financial Protection Bureau...
China to Let Local Governments Buy Homes, Cut Mortgage Rates to Revive Property Sector
US News & World Report· 5 days agoChina will cut interest rates of mortgage loans and down-payment ratios for homebuyers to boost lacklustre property demand, according to three statements released by its central ...
7 better ways to pay for your parents' long-term care
CBS News· 7 days agoAs your parents age, the likelihood increases that they will eventually need long-term care services...
4 Ways Baby Boomers Become ‘House Poor’ in Retirement
GOBankingRates via Yahoo Finance· 3 days agoThere are approximately 72 million baby boomers alive in the United States, as of 2019. Many of...