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Can you get a reverse mortgage if you're younger than 62?
CBS News· 4 days agoIf you're someone who hasn't been able to keep up with bills or who simply wants to take advantage...
Ocwen improves overall reverse mortgage performance despite volume contraction - HousingWire
HousingWire· 2 days agoOcwen Financial Corp., parent company of PHH Mortgage Corp. and Liberty Reverse Mortgage, reported an overall improvement in its business ...
Reverse mortgage professionals react to H4P rule changes - HousingWire
HousingWire· 4 days agoAfter the release of proposed new rules for the Home Equity Conversion Mortgage (HECM) for Purchase...
Michigan attorney general reissues reverse mortgage consumer alert - HousingWire
HousingWire· 5 days ago“A reverse mortgage is a type of home equity loan extended, in most cases, to those who are 62 years...
Longtime reverse mortgage leader Scott Norman appointed CEO of Texas MBA - HousingWire
HousingWire· 3 days agoLongtime reverse mortgage industry professional, advocate and leader Scott Norman has been appointed as the new CEO of the Texas Mortgage
Mortgage rates push higher with no relief in sight: Freddie Mac
FOX Business· 2 days agoMortgage rates pushed further into the 7% range as the Federal Reserve seems unlikely to reverse its...
Retirement Redefined: Home Equity & Single Women Over 62
TheStreet.com· 4 days agoExplore how reverse mortgages can unlock home equity for a more secure future. Whether through the loss of a spouse or the increasingly common “gray divorce ...
New appraisal bias protections apply to reverse mortgage program: FHA - HousingWire
HousingWire· 2 days agoAn announcement on Thursday from HUD and a new Mortgagee Letter (ML) published Wednesday by the FHA clarifies that the policy applies to all Title II single-family programs ...
New York Appellate Division Dismisses Junior Mezz Lender’s Claims for Fraudulent Inducement and...
JD Supra· 1 day agoThe court strictly applied the terms of the agreement to defeat the junior mezzanine lender’s claims. The court also reversed a preliminary injunction and allowed the senior ...
What the Fed’s continued rate pause means for homebuyers and sellers
Bankrate via Yahoo Finance· 3 days agoNew adjustable mortgage products are structured to change every six months rather than every 12...