The preacher’s kid goes off the deep end in college. The lottery winner loses their fortune and ends up miserable. Another child actor ends up addicted and broke. What do all of these have in common? More importantly, why should it matter to us?
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Being laid off late in life can have devastating financial consequences. Could a reverse mortgage help? A look at potential solutions.
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Here are two scenarios when a reverse mortgage may be a good fit and when it’s not. HELOCs and homebuying strategies for older homeowners.
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DOGE’s planned closure of HUD field offices across the nation likely includes the Tulsa, Oklahoma field office, which houses HECM operations and the National Servicing Center.
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How we respond to ourselves when we make a mistake makes all the difference in the world. A look at an ancient lesson.
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There is a growing consensus that the FHA and Ginnie Mae need reform. The key, however, is to strike a balance
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The new year begins with the Top-10 Shuffle. Did the year begin with a whimper or a roar? Watch and download this month’s retail lenders report for HECM endorsements recorded in January.
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Here are three strategies house-rich baby boomers may choose to leverage the value of their home.
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|E868| Now’s not a good time to be a company offering home equity alternatives to reverse mortgages or HELOCs. Last month, the CFPB issued a warning on equity sharing arrangements. Last October, Washington State’s Attorney General’s office filed a suit against Unison. Now, Hometap is in the crosshairs of the Massachusetts State Attorney General’s office, who allege that the company “pervasively and systematically violated the state’s consumer protection laws.
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Chaos, uncertainty, and setbacks are our shared experience. Not every day, but often enough. Remember, when everything seems out of control, it generally is, with two exceptions.
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