Why doesn’t the federal government promote the Home Equity Conversion Mortgage”? Since the program was created partly to help reduce dependence on assistance programs like Medicaid shouldn’t they promote this FHA-insured loan more aggressively?
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Innovation continues despite an uncertain housing and real estate market. One such product could be seen as a reverse mortgage in your pocket
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Here is the latest endorsement data for endorsements recorded in June as well as the latest FHA HECM application case numbers.
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Here are two forces that will squeeze retirees retirement savings pushing many to return to work or look to other assets…
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Florida’s 2022 legislation for condominium maintenance and strict condo rules are quashing reverse mortgages.
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Generally speaking, our success boils down to this one thing. Is it really that simple?!
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Today I’ll share a story about one of the most feared loans in America that has been disparaged, slandered, misunderstood, and attacked by pundits, radio and TV hosts, financial planners, and even mortgage professionals…
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Last week the Consumer Financial Protection Bureau (CFPB) issued a consent order against former HECM servicer Novad Management and Sutherland Global seeking millions in civil and monetary damages
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You’ve heard the saying, “Just trust your gut”. The problem is our snap judgments are often wrong. Try this instead.
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Has the housing market crash been canceled? That is the question many real estate and mortgage professionals are asking after a year of housing crash predictions have failed to materialize- at least nationwide
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