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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

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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.

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Reverse Mortgage News

Reverse Mortgages Pros Programming Note: Happy Thanksgiving from RMD! All of us at Reverse Mortgage Daily hope you have a Thanksgiving filled with family, friends, food, and overall good times. If you’re traveling, we also wish you a safe journey

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Reverse Mortgage News

Reverse Mortgages Pros Ginnie Mae Official Issues Warning About HECM-to-HECM Refinances Ginnie Mae is actively working with the Veterans Affairs lending community to stop predatory refinancing, according to a top official — and the reverse mortgage industry could find itself

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Reverse Mortgage News

Reverse Mortgages Pros 10% of Older Homeowners Could Benefit from HECMs, Other Equity Loans About 10% of the homeowners aged 65 and older would benefit from the use of home equity extraction tools, according to a new study from the

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Reverse Mortgage News

Reverse Mortgages Pros Reverse Mortgage Must-Reads: New Regulations, Nationstar Sale Talks This week brought major news out of some of the largest publicly traded reverse mortgage servicing companies, as well as a new effort in Congress to regulate the Home

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Reverse Mortgage News

Reverse Mortgages Pros Reverse Mortgage Must-Reads: Deceptive Ad Charges, Liberty for Sale Just in case you missed them the first time around, here’s our weekly roundup of the must-read stories from a very busy week in Home Equity Conversion Mortgages

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Reverse Mortgage News

Reverse Mortgages Pros Washington Charges HighTechLending with Deceptive HECM Advertising The state of Washington this week charged HighTechLending, Inc. with using deceptive and misleading reverse mortgage advertising practices dating back to 2013. Washington’s Department of Financial Services seeks $300,000 in fines from

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Reverse Mortgage News

Reverse Mortgages Pros Reverse Mortgage Must-Reads: Goodbye H4P Handcuffs Here’s everything you need to know to catch up on this past week in reverse mortgages, which brought more analysis on the relaxing of rules regarding Home Equity Conversion Mortgage for

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Reverse Mortgage News

Reverse Mortgages Pros Friday Round-Up: Life After Oct. 2, H4P Changes All of us here at RMD hope you’ve had a chance to catch your breath in the wake of principal limit factor changes on October 2. In case you’ve

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