Reverse Mortgage News by HECMWorld

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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E821: HECM applications: Major changes underway

• [HUD/FHA] HECM applications: Major changes underway
• [California Mortgage Relief] Time is running out for California homeowners to apply for financial assistance  for property charges
• [HUD] How vacant HECM properties are sold
  
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E820: U.S. Senator calls for more oversight of HECM mortgage-backed securities program

• [Housing Wire] U.S. Senator calls for more oversight of HECM mortgage-backed securities program.
• [RMI] Reverse Market Insight's Market Minute with Jon McCue..
• [Journal Courier] Is downsizing worth it in retirement?
  
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E819: Unable to afford healthcare in retirement?Here are 5 options including a reverse mortgage.

• [Cleveland.com] Unable to afford healthcare in retirement? Here are 5 options including a reverse mortgage.
• [Redfin] Home listings surge in biggest increase in 3 years: Asking prices drop.
• [CNBC] No Rate Cut: The Fed holds rates steady after hot inflation report.
  
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E818: Elderly woman murdered in a plot that involved a reverse mortgage

• [Housing Wire] Parent Company of former HECM lender converts to Chapter 7
• [San Jose Mercury News] Elderly woman murdered in a plot that involved a reverse mortgage
• [Housing Wire] HUD’s proposed budget reveals requested HECM reverse mortgage changes in Congressional request.
  
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E817: Six questions to ask before getting a reverse mortgage

• [Kiplingers] Six questions to ask before getting a reverse mortgage
• [National Mortgage News]  Nation’s largest mortgage lender shutters mortgage origination platform
• [Atlantic Black Star Journal] Burying the Lede. Yet another potentially misleading reverse mortgage foreclosure story.
  
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E816: One Bay Area county reduces ADU fees to help ease senior housing crunch

• [Housing Wire] One Bay Area county reduces ADU fees to help ease senior housing crunch
• [Richmond Biz Senset] A judge determines former Live Well CEO’s criminal restitution
• [Multiple Sources] Traditional mortgage demand drops to a record low
  
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E815: How one reverse mortgage pro helped spur a scammer's arrest

• [Housing Wire] How One Reverse Pro Prompted a Scammer’s Arrest
• [Reverse Market Insight] RMI’s Jon McCue returns to explain the latest reverse mortgage trends in our monthly installment of the Market Minute
• [Housing Wire] Fairway Independent Mortgage’s reverse mortgage division is making big changes in its strategy and key staffing.
  
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E814: HECM Application Volume Falls

• [FHA] HECM application activity drops
• [Bank Rate] Is the housing market going to crash in 2024?
• [Motely Fool] No soft economic landing says Citi economist
  
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E813:Here's when it's okay for homeowners to be in 2nd place

• [PR Wire India] Here's when it's okay for homeowners to be in 2nd place
• [Housing Wire] Reverse mortgage pros report a strong start to 2024
• [MarketWatch] Should my 87-year-old mom owing $425K on a $1M home get a reverse mortgage?
  
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