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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 ...
US Mortgage Corporation committed to reverse channel, new HECM head says - HousingWire
HousingWire· 5 days agoNew York-based multichannel lender US Mortgage Corporation previously announced that it was renewing its efforts in the reverse mortgage
Unlock Your Home Equity: Modern Reverse Mortgages for Retirement Planning
TheStreet.com· 5 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· 6 days agoThe deal, however, will not include core members of Norcom’s well-known team of reverse mortgage...
Papa Dan's, a Palm Desert pizzeria destroyed in a fire, plans to reopen nearby
The Desert Sun via Yahoo News· 1 day agoPapa Dan's owner has started a fundraiser dedicated solely to supplementing his employees for their...
Prices of flats increasing more sharply than other property types, says Halifax
PA Media: Money via Yahoo Finance· 2 hours agoIn cash terms, detached homes increased by the most in price, by £8,853 on average in the year to...
Couple trapped in $700k home they 'can't move out of' despite paying mortgage
The US Sun· 8 hours agoTwenty-four years ago, Apel and Irwin purchased their four-bedroom home on two acres in Lebanon, New...
Reverse mortgage veteran offers advice for bringing new partners aboard - HousingWire
HousingWire· 4 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 ...
What is Home Equity?
Bankrate via Yahoo Finance· 5 days agoYou can use these funds for any purpose. Unlike a HELOC or home equity loan, a cash-out refi might allow you to get a lower rate on your main mortgage,...
GAO highlights reverse mortgage counseling in new report - HousingWire
HousingWire· 3 days agoDepartment of Housing and Urban Development (HUD)’s Home Equity Conversion Mortgage (HECM)...