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Credit pressures are mounting for thousands of veteran homeowners as the VA ends a program that helped many avoid foreclosure ...
Hesitant to sign up for a reverse mortgage? CNBC Select outlines the alternatives, including refinancing and home equity loans.
This story was originally published by the Illinois Answers Project as part of their series Making it in Chicago: Detours and ...
Mother and son in prominent Chicago real estate clan settle lawsuits and force receiver to reverse sale of North Side ...
A recent event aimed to offer reverse mortgage borrowers impacted by the LA-area wildfires a direct avenue to assistance ...
Four months after the destructive Palisades and Eaton Fires in Los Angeles, fire victims are now navigating how to recover and rebuild. Fewer available financial resources and options for seniors […] ...
Elvia Battoe was asleep in her Altadena home the night the Eaton Fire ignited on Jan. 7, and was woken up by one of her ...
New York lawmakers passed a rule in 2017 that gives seniors facing reverse mortgage foreclosure the same protections they would have in a traditional foreclosure proceeding in the city.
Reverse mortgage proceeds may affect your eligibility for means-tested federal government programs like Medicaid or Supplemental Security Income. Foreclosure risk. Failing to pay property taxes or ...
A bill being deliberated in the Washington State Senate regarding a foreclosure mediation program would except reverse mortgage borrowers over the age of 61. However, this would not include ...
A reverse mortgage is a type of loan that allows older ... Not paying them can result in foreclosure. To be eligible, you must be 62 or older, have at least 50 percent equity in your home and ...