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Lawyers at a major firm break down some common litigation and themes they've seen in cases involving reverse mortgages.
The OIG recommended that HUD “implement controls to prevent or mitigate instances of borrowers violating HECM program residency requirements by concurrently participating in the Voucher program,” ...
Fairway Independent Mortgage Corporation is spearheading the digital revolution in the reverse mortgage industry, becoming ...
The primary requirements for a reverse mortgage include ... it's typically a good idea to consult a financial advisor or HUD-approved counselor to fully understand how a reverse mortgage fits ...
Reverse mortgages are a financial product for older homeowners that allows them to tap into the equity they’ve built up in their homes without having to make monthly payments.
Fairway Independent Mortgage Corp. leads the digital shift ... with U.S. Department of Housing and Urban Development (HUD) requirements, maintaining wet signatures where necessary.
Ahead of next week’s MBA Advocacy event in Washington DC, I received this note from an industry vet. “With the continued ...
In the waning hours of the first Trump Administration the U.S. Department of Housing and Urban Development (HUD) announced that effective January ...
Reverse mortgages have been called risky and confusing - but what if everything you thought you knew was wrong? On this ...
Home equity conversion mortgages (HECMs), are reverse mortgages backed by the FHA. They are limited to ... though some have more flexible requirements. Christopher Mayer launched Longbridge ...
FHA, USDA, VA, Carrington Flexible Advantage, non-qm Carrington Mortgage Services is our top low credit score mortgage lender, thanks to its low minimum credit score requirements and willingness ...