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Reverse Mortgage News

Wall Street Journal & Mortgage Professor Reverse Mortgage News

The Mortgage Professor–Should Government Support HECM Reverse Mortgages

 

Wall Street Journal–Tighter Rules for Reverse Mortgages

 

Wall Street Journal–Reverse Mortgages Can Help Rich and Poor Retirees

 

Wall Street Journal–Reverse Mortgage RethinkRead More


The Scoop on Reverse Mortgages FOX News

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Possible Changes on the Horizon

Rules for Reverse Mortgages May Become More Restrictive

 

By TARA SIEGEL BERNARD
Published: July 12, 2013

 

Many baby boomers will need to consider how their homes — and the value locked inside — will help finance their retirement years.… Read More


Reverse Mortgages CBS News

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Who Should Do a Reverse Mortgage?

By Donna Fuscaldo

 

The economic storm that rocked many baby boomers’ nest eggs has left many of them considering a reverse mortgage as part of their.

 

Reverse mortgages allow homeowners who have reached age 62 or older to draw down on their home’s equity in exchange for cash.… Read More


Boomers’ $3 Trillion Nest Egg

By Steve Vernon

 

Americans aged 62 and older had accumulated $3.19 trillion in home equity by the end of the third quarter of 2011, according to data recently released by the National Reverse Mortgage Lenders Association (NRMLA). During the same quarter, home equity increased by $46 billion, reflecting stabilization and improvement in home prices.… Read More


Industry Pushes Lower-Cost Reverse Mortgage

One way to boost your income in retirement is to let the bank send you a monthly check. With a , you borrow against the equity in your home (receiving funds each month, in a lump sum, or with a line of credit) and don’t repay the loan until you die, sell, or move out for good.… Read More