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Reverse Mortgage Basics
A reverse mortgage is a loan that allows homeowners over the age of 62 to access the equity they’ve built ... Read More »
Reverse Mortgage Information
If you are here to learn about reverse mortgages – we can help. Call us now and ask for Steve. He ... Read More »
Reverse Mortgage Industry News
- Back on Reverse Mortgage Landscape, Bank of America Objects to RMS SaleLong after leaving the reverse mortgage business, Bank of America is back on the landscape — now with an objection to Reverse Mortgage Solutions’ sale proceedings. The company, which once originated as many as 9,000 reverse mortgage loans per year, has filed an official objection in the Bankruptcy Court for the Southern District of New […]
- Liberty Home Equity Solutions Launches EquityIQ Proprietary Reverse MortgageThe reverse mortgage proprietary market continues to heat up, with Liberty Home Equity Solutions announcing the official launch of a new proprietary offering on Thursday. Aimed at seniors with higher home values, the new product allows access to funds well above the current Home Equity Conversion Mortgage (HECM) program loan limit of $726,525. Called “EquityIQ,” […]
- U.S. News: 6 Steps For Those Starting Retirement With No SavingsFor new retirees who begin their non-working lives without the advantage of having savings, a new article from U.S. News and World Report offers up six potential steps people in that situation can take in order to enhance their financial standing in their retirement years. Among the included recommendations is the employment of the home […]