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Real estate
TCB receives the opinion of a reverse mortgage expert in Ginnie Mae -Rechtszaak
But judge Matthew Kacsmaryk, the president of the president for the case in the American court for the northern district…
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Real estate
Longbridge CEO Chris Mayer about reverse mortgage partnerships with Forward Companies
Forward partnerships A remarkable part of Mayer’s perspective for the current potential with forward mortgage partnerships is the increasing level…
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Real estate
Massachusetts AG sues HomeTap above ‘illegal reverse mortgage’
The lawsuit Attorney -General Andrea Joy Campbell The lawsuit tightened this week in Suffolk County Superior Court. The lawsuit claims…
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Real estate
Does Trump’s financing investigation influence reverse mortgage programs?
End Biden era reports In one of the last HUD -Financial reports from the Biden administration, the tax year of…
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Real estate
Oregon Bill could threaten its own reverse mortgage activities
The bill ‘allows a lender that, in an inverted mortgage, offers a fixed amount in exchange for a claim on…
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Real estate
New York Bill is looking for more disclosures for reverse mortgages
Sen. Leroy Comrie (D) introduced the bill, S2559on January 21. It aims to set up a “information overview” at state…
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Real estate
Home Inspector sees interaction with the reverse mortgage industry
New construction The Reverse Hypotheek industry has a while aimed at communicating the potential benefits of the Home Equity Conversion…
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Real estate
CFPB received less reverse mortgage complaints in 2024
About one in three complaints had to do with borrowers who “struggled to pay for their mortgage”, and almost half…
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Real estate
A Chicago contractor has been convicted in a reverse mortgage scam
Davis said Diamond’s scheme “defrauded more than a hundred elderly and vulnerable homeowners, betrayed their trust and devastated them financially.”…
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Real estate
Reverse mortgage foreclosure protection could help LA borrowers
Potential application to Los Angeles The action applied to the Home Equity Reverse Mortgage Information Technology (HERMIT) system, originally launched…
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