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If you think you’ve been a victim of a reverse mortgage scam, file a complaint with the Federal Trade Commission on its ...
The HUD OIG report details some reverse mortgage highlights, including an ongoing oversight priority and a recent conviction.
The guidance is designed to clarify requirements for obtaining HECM counseling certification, and to provide a HECM "toolkit" for agencies.
PHH Mortgage (“PHH” or the “Company”), a subsidiary of Onity Group Inc. (NYSE: ONIT) and a leading non-bank mortgage servicer ...
President Donald Trump and Elong Musk clash over housing cuts, sparking fears for affordable housing and GOP’s midterm ...
California has launched the $105M CalAssist Mortgage Fund, offering grants up to $20,000 to help homeowners affected by ...
The house or condo must meet the minimum standards set by the U.S. Department of Housing and Urban Development (HUD), although homeowners planning on using the reverse mortgage to bring their ...
"There could be tens of thousands, if not hundreds of thousands of homeowners who are the victims of this kind of fraud." ...
This story was originally published by the Illinois Answers Project as part of their series Making it in Chicago: Detours and ...
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How Can LA Fire Victims with Reverse Mortgages Rebuild?To continue your reverse mortgage, you are required to certify once a year that your home is your primary residence. HUD considers a borrower displaced temporarily due to a disaster to still be ...
Longbridge stands out for its lower rates and robust digital presence, which includes a reverse mortgage calculator and an easy-to-use servicing portal. Longbridge is a particularly good option ...
Proprietary reverse loans are typically available to a larger range of borrowers and come with higher loan limits than the ...
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