Reverse Mortgage News by HECMWorld

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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E825: HUD curtails some planned HECM for Purchase concessions

• [RMD-Housing Wire] HUD pulls back some planned HECM for Purchase contributions.
• [Belleville News-Democrat] A vacant duplex has been deteriorating for five years after the HECM borrower died.
• [Finance Buzz] Home insurance forcing many older Florida residents to sell, or give up coverage.
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E824: Aging in place or stuck in place?

• [New York Times] Aging in place or stuck in place?
• [CBS News Money Watch] 3 moves seniors should consider with inflation still high.
• [RMI] Reverse Market Insights ‘Market Minute’ with Jon McCue.
• [Housing Wire] Norcom mortgage’s former reverse mortgage team seeking a new home.
  
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E823: Rising rates impact reverse mortgage payouts.

• [AARP] Rising rates impact reverse mortgage payouts.
• [New York Times] Boomers bought up the big homes and they're not budging.
• [Market Watch] I'm running out of options: Mother-in-law cannot pay her bills.
  
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E822: Two things most reverse pros don’t know about the expected rate.

• [Housing Wire] Two things most reverse mortgage pros may not know about the expected rate.
• [Housing Wire] A federal judge allows the majority of a suit against Ginnie Mae to proceed.
• [Fortune] Many Wall Street investors expect this instead of a hard or soft economic landing.
  
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