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Michigan attorney general reissues reverse mortgage consumer alert - HousingWire
HousingWire· 4 hours ago“A reverse mortgage is a type of home equity loan extended, in most cases, to those who are 62 years...
Here's when a reverse mortgage makes sense, experts say
CBS News· 5 days agoWith these types of products, your lender pays you out of your home equity. Learn more about your ...
Reverse mortgages seen as a path forward for lenders - HousingWire
HousingWire· 3 hours agoGuild has previously maintained a reverse mortgage division, but after focusing on growing its overall footprint through various acquisitions over the past ...
FHA loans: Definition, requirements and limits
Bankrate via Yahoo Finance· 6 days agoDisaster victims mortgage or 203(h) loan: If you’ve lost your home due to a major disaster and need to rebuild or buy a new home, an ...Presidentially...
Reverse mortgage veteran offers advice for bringing new partners aboard - HousingWire
HousingWire· 5 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 ...
30-Year Mortgage Rates Head Higher
Investopedia· 4 days agoAfter a three-day dip, 30-year mortgage rates reversed course to head upwards. Rates were up almost across the board of new purchase loan types, with no averages declining.
Does Medicare cover long-term care costs?
CBS News· 9 hours agoFor example, if you need nursing home services, the average cost for a semi-private room in a nursing home is over $104,000 per year. The price for a...
Why the smart money is buying single-family homes
Financial Post via Yahoo Finance· 4 days agoThis includes well-off parents who gift or loan their kids money (note: loans must be factored into your mortgage debt ratios and can prevent you from...
What Is An Interest-Only HELOC?
Consumer Affairs· 4 days agoHELOCs provide a maximum line of credit that can be drawn down and repaid repeatedly. During the draw period, HELOCs have interest-only payments based on a variable interest rate. How does an interest-only HELOC work?
Michael W. Debre
The National Law Review· 22 hours agoMichael W. Debre is a Principal at Chuhak & Tecson's Chicago office. Prior to nearly 10 years of practice as an attorney, Mike Debre was a senior vice president of a Chicago commercial bank.