Monthly Archives: December 2017

Reverse Mortgage News

Reverse Mortgages Pros Seniors’ Home Equity Keeps Rising, Hits $6.5 Trillion American homeowners aged 62 and older controlled $6.5 trillion in home equity during the third quarter of 2017, according to the most recent estimate from the National Reverse Mortgage

Tagged with: , , , , ,
Posted in Uncategorized

Reverse Mortgage News

Reverse Mortgages Pros Many Consumers Wary of Reverse Mortgages, But Willing to Learn The National Council on Aging shook up the reverse mortgage industry earlier this year with a study showing that consumers were turned off by the name of

Tagged with: , , , , ,
Posted in Uncategorized

Reverse Mortgage News

Reverse Mortgages Pros Reverse Mortgage Loan Limit to Rise Again in 2018 For the second year in a row, the lending limit for federally backed reverse mortgages is increasing. The Department of Housing and Urban Development on Thursday announced a

Tagged with: , , , , ,
Posted in Uncategorized

Reverse Mortgage News

Reverse Mortgages Pros Walter Enters Chapter 11, Reverse Mortgage Solutions Potfolio Spared Walter Investment Management Corporation (NYSE: WAC.BC) voluntarily entered Chapter 11 bankruptcy protection late Thursday night, after the required number of lenders and noteholders approved the company’s prepackaged plan.

Tagged with: , , , , ,
Posted in Uncategorized