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News Headlines - reverse mortgage


The Answers To Common Reverse Mortgage Questions
You've likely seen the TV commercials for reverse mortgages, with the late Fred Thompson, Henry Winkler and, lately, Tom Selleck. But just between us: Do you really understand how a reverse mortgage works? If not, don't feel bad — in a March 2017 ...
NRMLA Panel Reveals Persistent Reverse Mortgage MisconceptionsReverse Mortgage Daily
Home Financing Magic: The Reverse MortgageJewish Link of New Jersey

all 3 news articles »

States Confirm Ocwen Bans Don't Apply to Liberty, Reverse Mortgages
Reverse Mortgage Daily
Agencies from 21 states across the nation sent shockwaves through the lending industry last week when they issued cease-and-desist orders against Ocwen ...

and more »

RMD Jobs: Your Source for the Best Reverse Mortgage Talent
Reverse Mortgage Daily
Loyal RMD readers know that the appearance of the weekly jobs post means two things: the weekend's almost here, and your next great employee — or job — could be just a click away. This week, new jobs from coast to coast join unfilled positions from ...


Reverse mortgage rules are changing
For the past 25 years reverse mortgages have allowed hundreds of thousands of homeowners 62 years old or older to convert the equity they have in their homes into tax-free cash. On Jan. 19, 2017, the Department of Housing and Urban Development (HUD) ...


Cash-strapped seniors should weigh pros, cons of reverse mortgages
You don't have to be old, poor and stupid to get a reverse mortgage. Despite still being hawked on late-night infomercials along with miracle solvents, indispensable kitchen utensils and can't-fail weight-loss programs, reverse mortgages are becoming ...

What Reverse Mortgage Professionals Could Expect During a Shutdown
Reverse Mortgage Daily
Move over, death and taxes: It's probably time to add “threat of a government shutdown” to Benjamin Franklin's list of absolute certainties in life. Long considered a last-ditch nuclear option, the threat of government shutdown has loomed large in this ...

Patch Homes Rolls Out New Home Equity Financing Product
Reverse Mortgage Daily
“We get a number of clients that may not be eligible for a reverse mortgage yet; they are in their late 40s or 50s and may not be sure if a reverse mortgage is right for them, but they are in a position where they are slowing down or want to retire ...

Reverse Mortgage Daily

Two Vital Reverse Mortgage Tax Resources
Reverse Mortgage Daily
The unusually late tax day of April 18 may have come and gone, but reverse mortgage professionals know that questions about the tax implications of Home Equity Conversion Mortgages don't have a deadline. In the days leading up to the federal tax ...
How Your House Can Help Pay For Retirement - ForbesForbes
Eliminate your mortgage payment with a Reverse Mortgage offered ...Northwest Herald
How Retirees Can Use Their Home's Wealth as an Emergency FundKiplinger Personal Finance

all 8 news articles »

Ocwen, Barred from Reverse Mortgage Originations in IL, Strikes Back
Reverse Mortgage Daily
Faced with a wave of enforcement actions from 21 states, the District of Columbia, and the federal government last week, nationwide mortgage servicer Ocwen Financial Corporation (NYSE: OCN) on Tuesday struck back, filing motions for emergency ...

and more »


A reverse mortgage can help you in retirement, but tell your family
With a reverse mortgage, you can borrow against much of the equity in your home. Instead of making monthly payments, the lender sends you monthly payments and charges you fees and interest. The lender gets their money back after you die, relocate, ...

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