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“If you’re on a limited or fixed income — as many retirees are — inflation can take a significant toll on your lifestyle and your nest egg.”- Geoffrey Johnson
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HUD’s HECM Fraud Bulletin
Dead Villager’s home with reverse mortgage turns into an eyesore
An 81-year old reverse borrower could have avoided foreclosure had Texas launched a foreclosure relief program sooner says attorney…
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Industry educator and innovator Dan Hultquist in cooperation with Apptensity released RapidReverse. This mobile app brings the power of quick and simple HECM calculations into the pockets of reverse mortgage professionals.
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RMI Market Minute
MSN- 5 Ways Retirement Is Scarier Than Seniors Expected
[Newswire] With rising home prices, homeowners may find themselves feeling pretty wealthy. But when it comes to the retirement years, being house rich and cash poor can cause significant issues with covering expenses.
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[Voxy News] International research published by EY predicts that the global equity release market could more than triple over the next decade…
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[ABC 11 Eyewitness News] A checklist for caregivers
[Housing Wire] ReverseVision acquired by Constellation Software
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[RMD] The Mortgage Bankers Association announced their intent to have more involvement in reverse mortgage policymaking…
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Court ‘the location of her signature didn’t make her a co-borrower
Why It Could Be Years Until We See a Normal Housing Market
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[CNBC | Sarah O’Brien] The major indexes have had a rough week.
“If there’s a downturn early on, it can derail a whole retirement plan,” said Wade Pfau, a professor of retirement income at the American College of Financial Services.
Reverse Market Insight’s Market Minute
Retirees Can Expect To Pay More For Health Care In 2022
The Maryland Daily Record interviewed industry leader Steven Sless who reported that nearly 700,000 seniors were behind on their mortgage payments last year.
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Industry critics are saying the new appraisal bias rule requires increased transparency from federal regulators
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Reverse mortgages and Life Settlements. Both tap into the value of an asset- reverse mortgages and life settlements. However only one requires the owner to sell or relinquish ownership…
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