FHA has announced that the HECM limit will be increased effective January 1st, 2024. The new HECM limit or the maximum home value that may be considered in the federally-insured reverse mortgage is…
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“When we consider the liquidity options and flexibility they [reverse mortgages] can bring to a long-term retirement plan, they are truly a value play that should be considered.”
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Each of us have been blessed. But these gifts come at a cost. A social contract of sorts. Here’s how you can give back…
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The next time someone tells you inflation’s coming down? Ask, from what?!
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Many economists believe the Fed will cut rates in 2024 but for differing reasons…
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Top-ten HECM lender Open Mortgage announced the closure of their reverse mortgage division citing profitability challenges from…
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Practicing thanksgiving year round
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Here are 4 things we can be grateful for- even today.
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What happens during a HECM counseling session? Are reverse mortgage professionals properly preparing homeowners for their counseling sessions? We interviewed Greg Smalls with Consumer Education Services, Incorporated to answer these questions and more.
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