A former loan officer received an 18-month sentence for his role in a reverse mortgage fraud scheme. Discover the details ...
TBA, Appraisal, Reverse Mortgage Tools; STRATMOR on AI and Competition; Can the CFPB be Willed Away?
Under the category of careers that are, or will be, impacted, by artificial intelligence, attorneys are inevitably on it.
For many older homeowners, their home is their largest asset — and in many cases, it's also their most reliable source of financial stability in retirement. Housing prices have increased dramatically ...
For many older Americans, retirement isn't about staying put in their homes. It's a time for making a meaningful change instead. Some retirees want to downsize their home into a more manageable space, ...
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 ...
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2 WANTS TO KNOW: Reverse Mortgages
A recent viewer question prompted a discussion about reverse mortgages, including who they are designed for and key information homeowners need to know. Maddow Blog | Why Pete Hegseth’s pitch to ...
The government shutdown has halted new reverse mortgage endorsements and is impacting various housing services. While existing payments continue, seniors may face delays in Social Security services ...
Ohio case highlights rising elder fraud risks: A scammer’s attempt to steal home equity through a reverse mortgage was thwarted. SmartPolicy technology stopped the crime: EquityProtect’s system locked ...
You see the ads all the time for a Reverse Mortgage, but is it really all that the ads suggest? To qualify for a reverse mortgage: You have to be at least 62 years old It has to be your primary home ...
Founded in 2012, online lender Longbridge Financial is the third-largest provider of reverse mortgages in the U.S. As of February 2025, it's approved more than $94 million in loans. Longbridge stands ...
Consumer advocates and policymakers have long been concerned with banking deserts – areas where residents have no access to depository institutions and must rely on more expensive, less secure ...
Discover Flagstar Bank's Specialized Mortgage Banking Solutions Team! Flagstar Bank understands the unique needs of the mortgage industry. That's why the Specialized Mortgage Banking Solutions Team is ...
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