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Here's when a reverse mortgage makes sense, experts say
CBS News· 4 days agoWith these types of products, your lender pays you out of your home equity. Learn more about your ...
Unlock Your Home Equity: Modern Reverse Mortgages for Retirement Planning
TheStreet.com· 4 days agoNot just for emergencies anymore, in this series our expert explores how reverse mortgages can boost your retirement income and financial security. Remember ...
US Mortgage Corporation committed to reverse channel, new HECM head says - HousingWire
HousingWire· 4 days agoNew York-based multichannel lender US Mortgage Corporation previously announced that it was renewing its efforts in the reverse mortgage
Norcom Mortgage’s core reverse team elects not to join CMG Financial - HousingWire
HousingWire· 5 days agoThe deal, however, will not include core members of Norcom’s well-known team of reverse mortgage...
Reverse mortgage veteran offers advice for bringing new partners aboard - HousingWire
HousingWire· 3 days agoAs any professional involved in it will know, bringing new people into the fold of the reverse mortgage business can be a difficult task. Reputational challenges ...
GAO highlights reverse mortgage counseling in new report - HousingWire
HousingWire· 2 days agoDepartment of Housing and Urban Development (HUD)’s Home Equity Conversion Mortgage (HECM)...
Some baby boomers are finding homeownership to be less beneficial
HousingWire via Yahoo Finance· 5 days agoThe New York Times profiled challenges faced by baby-boomer homeowners, questions whether ‘aging in...
FHA loans: Definition, requirements and limits
Bankrate via AOL· 4 days agoThere’s no down payment requirement, but you have to have been affected by a Presidentially designated disaster. Home equity conversion mortgage (HECM):...
Cash-out refinance: What it is and how it works
Bankrate via Yahoo Finance· 5 days agoReverse mortgage: A reverse mortgage allows homeowners aged 62 and up to withdraw cash from their homes. The balance ...
What are the potential home equity and tax strategies for wealthy seniors?
HousingWire via Yahoo Finance· 3 days agoSeniors could choose to employ home equity through a reverse mortgage or other equity-tapping...