Search for: "Reverse Mortgage"
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3 Mar 2008, 3:19 am
In a reverse mortgage, the homeowner enters into an agreement with the lender to take a line-of-credit or lump-sum payment. [read post]
10 Feb 2015, 5:21 am
Mishkin The CFPB has issued a “Snapshot of reverse mortgage complaints” covering complaints submitted to the CFPB from December 2011 (when the CFPB began accepting consumer complaints on reverse mortgages) through December 2014. [read post]
17 Apr 2022, 11:32 pm
"Until recently, it was conventional wisdom that a reverse mortgage was a last-resort... [read post]
27 Apr 2011, 4:00 am
Reverse mortgages allow individuals 62 and over to receive money from a bank in return for their home upon their death. [read post]
5 Nov 2008, 9:52 am
(For more information, see Reverse Mortgages: An Innovative Tool for Elder Law Attorneys by Carolyn H. [read post]
19 Jul 2013, 7:01 am
A reverse mortgage is a home equity mortgage program only available to homeowners over the age of 62. [read post]
8 Dec 2022, 11:19 am
The reverse mortgage is a unique financial tool which gives the borrowers the scope to access the home equity and not feel the burden of any monthly mortgage payments. [read post]
5 Jul 2019, 10:00 am
Reverse mortgages are not a risk-free endeavor. [read post]
2 Jul 2012, 4:00 am
Based on the CFPB’s recently issued report to Congress on reverse mortgages, the reverse mortgage industry should expect more scrutiny and regulation from the CFPB. [read post]
14 Feb 2014, 6:28 am
The New York Times thinks so: As baby boomers age, reverse mortgages are expected to gain popularity as a means of covering living expenses. [read post]
4 Sep 2018, 4:00 pm
The media and news outlets have portrayed reverse mortgages over the years as overtly risky and manipulative to retirees, tricking them with deceptive advertising into new obligations that end with them losing their homes. [read post]
1 Jul 2011, 10:16 am
The big difference is, the upfront mortgage insurance premium on the saver is only 0.01 percent of the homes appraised value - compared to 2 percent on a standard reverse mortgage. [read post]
9 Apr 2014, 3:10 pm
A reverse mortgage allows a borrower to cash out the equity in his or her house without making any immediate payments back to the lender. [read post]
29 Jul 2019, 6:37 am
Pockets of the country, particularly urban, African American neighborhoods were hit hard by reverse mortgage foreclosures. [read post]
14 Nov 2011, 9:34 am
In a reverse mortgage, the lender purchases the equity in the home and makes installment payments to the borrower. [read post]
21 Mar 2012, 2:45 am
Thus the title “reverse mortgage. [read post]
23 Nov 2012, 12:48 pm
A reverse mortgage allows you to get cash from your home after converting part of the equity. [read post]
9 Mar 2011, 6:31 pm
If you're married and got a reverse mortgage, check your paperwork. [read post]
15 Oct 2012, 10:22 am
It paints a pretty dim picture of some of the less reputable people selling reverse mortgages. [read post]
29 Aug 2016, 9:45 am
A reverse mortgage lets you retain full control and ownership of your home. [read post]
