Reverse Mortgage Daily’s Chris Clow has complied the biggest developments of 2023 in the reverse mortgage industry. What follows is a summary…
Continue readingThe Biggest Reverse Mortgage Trends of 2023
Why I reversed my thoughts on reverse mortgages
One Canadian financial commentator recounts her journey from a reverse mortgage skeptic to one who embraced the loan as a viable…
Continue readingNEW: The Mortgage News Roundup
NEW: The mortgage new roundup, RMI market update, and proprietary loan volumes.
Continue readingHow do you pay back a (HECM) reverse mortgage?
When must a reverse mortgage be paid off? Can the loan be paid off early? What are the typical payoff options?
Continue readingPossible Class-Action on Equity-Sharing program
Class Action-org is asking residents of Florida, New York, or Ohio who entered into an equity sharing agreement with Unison to contact them.
Continue readingA time-honored loan in FHA
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EPISODE #734
RMD sits down with our FHA Commissioner
Reverse Mortgage Daily sat down with FHA Commissioner Julia Gordon for her perspectives on the HECM program, its strength, and outlook.
Other Stories:
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Newsweek: The U.S. facing a potential ‘perfect storm’ for a housing crisis
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Workers Say Inflation Is Now the No. 1 Obstacle to a Comfortable Retirement
Alternatives to Social Security for retirement cash flow
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EPISODE #724
Alternatives to Social Security that provide income in retirement
There are several ways to generate income or cash flow in retirement; some are completely overlooked…
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New York issues letter to those originating co-op reverse mortgagesÂ
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Most will age in place says Freddie Mac’s research brief
An 81-year old reverse borrower could have avoided foreclosure…
An 81-year old reverse borrower could have avoided foreclosure had Texas launched a foreclosure relief program sooner says attorney…
Continue readingMortgage Relief for California HECM Borrowers
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EPISODE #702
California’s new mortgage relief bill may provide relief to reverse mortgage borrowers.
Governor Gavin Newsom today announced that California’s plan to provide $1 billion in mortgage relief grants to tens of thousands of homeowners who have fallen behind on housing payments or reverse mortgage arrearages during the COVID-19 pandemic…
Other Stories:
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10 Lessons Learned in 2021
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Reverse Market Insight’s Market Minute with Jon McCue
Researcher frustrated by reverse mortgage reluctance
The Motley Fool’s Robert Brokamp interviewed Geoffrey Sanzenbacher, an economist with the Center for Retirement Research at Boston College discussing the macro trends in retirement. One of his frustrations is the retiree’s reluctance to consider a reverse mortgage.
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