Innovation continues despite an uncertain housing and real estate market. One such product could be seen as a reverse mortgage in your pocket
Continue readingGinnie Mae’s New HECM Security to Ease Liquidity Strains
Two things most reverse pros don’t know about the expected rate
Industry expert, author, and founder of Understanding Reverse contributed a column to Housing Wire’s Reverse Mortgage Daily that reveals two often overlooked facts about the HECM’s expected rate used to determine the federally insured reverse mortgage’s principal limit.
Continue readingWhy U.S. Treasuries & 10-year CMT are surging
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EPISODE #810
Here’s how reverse mortgages work in India
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While reverse mortgages have been in India for nearly 15-years, the program, not unlike the United States, has not gained widespread acceptance and faces similair misconceptions.
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Other Stories:
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- [Housing Wire] A new HECM security could help ease the industry’s present liquidity challenge
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- [CNBC] Here’s why 10-year treasuries have jumped up above 4%
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The 6 fastest ways to cash out your home equity
There’s been much media buzz about ‘AI’ or Artificial Intelligence but where can it be used in the reverse mortgage industry?
Continue readingNew HECM Products Nixed
There was a rush to market by a handful of lenders to offer fixed rate variant products which still fell within the guidelines of the federally insured reverse mortgage or HECM program. While FHA has not directly addressed these new products Ginnie Mae has.
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