Reverse Mortgage News by HECMWorld

E835: Unlocking Hidden Retirement Cash

• [The Street] Unlocking Hidden Retirement Cash.
• [National Retirement Institue] More Than a Quarter of Retired Investors Continue to Pay Off Mortgage and Credit Card Debt.
• [Altos Research]Housing Price Cuts and Inventory Continue to Grow.

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E834: Ginnie Mae Releases Details on New HECM MBS 2.0.

• [Nerd Wallet] A Reverse Mortgage in Your Pocket?
• [Ginnie Mae] New Ginnie Mae HECM Mortgage-Backed Security Aims to Ease Liquidity Crunch.
• [Yahoo Finance]Here's Where Retirees are Moviing.

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E833: The Unexpected Downsides of Aging in Place

• [Next Avenue] The unexpected downsides of aging in place.
• [Green Building Elements Strict condo Rules quash reverse mortgage.
• [Yahoo Finance] Did you know Montana has its own reverse mortgage program?

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E832: The CFPB issues a consent order against a former national HECM servicer.

• [National Mortgage News] The CFPB issues a consent order against a former national HECM servicer.
• [Reverse Market Insight] RMI's Market Minute with Jon McCue brings you the latest trends in HECM loan volume, regional trends, and more.
• [National Consumer Law Center] Industry Advocates Highlight Measures to Counter Elder Real Estate Fraud.

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E831: Interview: A Revolution in HECM Calculators

• [HECMWorld] A Revolution in HECM Calculators: An Interview with Lenderful Solution's Paul Lehnert.
• [National Mortgage News] Finance of America Reverse trims more jobs to right-size its lending operations.
• [CNBC] Why tapping into home equity is tricky.

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E830: U.S. Senator sounds the alarm on skyrocketing flood insurance premiums

• [Housing Wire] Flood insurance premium hikes endanger one reverse mortgage couple and others.
• [Housing Wire] Ginnie Mae's new HECM mortgage-backed security product is on schedule for release this year with details coming this month.
• [CNN Finance] Zero-down mortgages are back! Here's what you need to know.

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E829: F is for Family...and Fraud.

• [Michigan Live] F Stands for Family...and Fraud.
• [The Associated Press] Some older Americans splurge to keep homes accessible.
• [Yahoo Finance] Older mortgage applicants are more likely to be denied a mortgage.

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E828: 4 ways Baby Boomers become house-poor in Retirement

• [Go Banking Rates] 4 ways Baby Boomers become house-poor in Retirement.
• [New York Times] The high-class problem that is home equity.
• [Reverse Market Insight] RMI's Market Minute with Jon McCue.

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E827: Retirement is becoming a luxury.

• [Tampa Bay Times Editorial Board] Retirement is becoming a luxury.
• [RMD/Housing Wire] Atlas Valuation hired former AAG Head Appraiser.
• [CBS News Money Watch] When is a reverse mortgage the best home equity option? The experts weigh in.

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E826: Appraisal bias protections apply to HECM applicants

• [RMD-Housing Wire] Appraisal bias protections apply to HECM applicants.
• [Belleville News-Democrat] Congressional bill seeks to change the index used to calculate Social Security's Cost of Living Adjustment (COLA).
• [Yahoo Finance] Mortgage demand falls with high interest rates and home values.

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