Proprietary reverse mortgages are gaining traction and represented 40% of the market in September, just before HECM endorsements were paused.
Reverse mortgages allow homeowners to tap into the equity they’ve built up in their homes without having to make monthly ...
Safely unlock your home's value with these standout lenders and useful tips to help you avoid costly mistakes.
Many homeowners misunderstand how equity works, from what it is to how much they can borrow and what that really means for their finances.
I received a solicitation for an HECM loan saying I had “Estimated Funds Available” of $54,059. HECM stands for “home equity conversion mortgage” and is the FHA’s reverse mortgage program that enables ...
While reverse mortgages can help older Americans convert home equity into cash without monthly mortgage payments, vacating ...
Home Equity Conversion Mortgage (HECM) endorsements fell sharply in August, even as a handful of reverse mortgage lenders continued to dominate the market. Joe Kelly, a partner at New View Advisors ...
Throwing out the decision of a lower federal court (or any lower court) is a serious matter in our judicial system and, if it must be done at all, a reason or reasons must be given by the higher court ...
A reverse mortgage can be a lifeline for cash-strapped homeowners. But, borrowers should consider the risks, including high fees and the potential for foreclosure.
Celink, the nation's leading reverse mortgage subservicer, is proud to announce that its Chief Information Officer, Sergey ...