Few baby boomers take advantage of federal reverse mortgage program

Posted on Mar 7, 2016 in HARP Refinance

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News Form NAMB: February 19, 2016
… statistic from Ellie Mae is the slight drop in credit scores. Both conventional and FHA showed several point declines for January, reversing the post-crisis trend for mortgages to have higher credit scores. … It would be aimed at communities with …
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Few baby boomers take advantage of federal reverse mortgage program
The leading cusp of the baby boom generation, decease though eligible now for several years, visit this has shown little interest in a federally insured reverse mortgage that puts them in their dream home with a monthly stipend — all without the hassle of a mortgage …
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For 90-Year Old Advisor, Reverse Mortgage Work is Self Satisfying
Rather, he's chosen to remain active in the reverse mortgage industry for the better part of 20 years. A World War II veteram, public speaker and author of articles focused on financial planning, Kennedy prefers to limit his clientele to his peers …
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Renewal of US government home refinance program unlikely: Watt
WASHINGTON A top U.S. housing official on Thursday said it was "highly unlikely" that a popular government home refinance program designed to help underwater borrowers would be renewed after it expires at the end of this year. The Home Affordable …
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