Beware Of Reverse Mortgage Scams

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In: Mortgage News

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Reverse mortgages are retirement plans for homeowners with good home equity. Lately, scammers have been targeting aging seniors to various scams. Let us look at ways to avoid being cheated 1. Selling it as an investment scheme Where a salespersonContinue Reading

Reverse Mortgage Grows more Desirable To Senior Citizens

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In: Refinance News

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Last updated on November 29th, 2021 at 01:03 pmThe  American Advisors Group’s data from their most recent report has discovered that most older Americans have no plans to sell their home, and those who still currently have a mortgage areContinue Reading

Options For Forward And Reverse Borrowers Added by FHA

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In: Home Equity News

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Additional COVID-19 recovery options have been announced by the FHA to help forward and reverse homeowners who are facing hardships due to the pandemic. FHA’s simplified COVID-19 Recovery waterfall allows servicers to offer homeowners who are unable to resume makingContinue Reading