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In Defense of Reverse Mortgages | Patricia Whitlock: moving forward in reverse
https://patriciawhitlock.com/2014/12/10/in-defense-of-reverse-mortgages
Patricia Whitlock: moving forward in reverse. News on Reverse Mortgages in the Greater NY area. In Defense of Reverse Mortgages. Critics say reverse mortgages, which allow seniors to tap their home equity for income while remaining in their homes, aren’t for everyone, with high fees and a history of shady practices by some lenders. But others say that, when used responsibly, reverse mortgages can be a valuable addition to a retiree’s financial tool kit. Alicia Munnell, director of the. I guess you can lo...
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Consumer Financial Protection Bureau | Patricia Whitlock: moving forward in reverse
https://patriciawhitlock.com/tag/consumer-financial-protection-bureau
Patricia Whitlock: moving forward in reverse. News on Reverse Mortgages in the Greater NY area. Tag Archives: Consumer Financial Protection Bureau. January 2, 2015 – 2:59 pm. Updated Reverse Mortgage Guide: Two Things You Should Know. From USA.gov By Nora Down Eisenhower, Consumer Financial Protection Bureau. Before borrowing, seniors and their families should consider:. The cost of homeowners’ insurance and taxes. Plans for staying in the home or leaving it to family members. Borrowers can still take ou...
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hecm reverse mortgage | Patricia Whitlock: moving forward in reverse
https://patriciawhitlock.com/tag/hecm-reverse-mortgage
Patricia Whitlock: moving forward in reverse. News on Reverse Mortgages in the Greater NY area. Tag Archives: hecm reverse mortgage. March 4, 2015 – 4:04 pm. This past weekend saw the most recent of many changes to the HECM Reverse Mortgage program, when HUD set a new date for the implementation of Financial Assessment. Here is a summary:. Maximum First Year Draw Borrowers are limited to 60% of available funds during the first year of their reverse mortgage, with the exception of Mandatory Obligations ie...
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financial assessment | Patricia Whitlock: moving forward in reverse
https://patriciawhitlock.com/tag/financial-assessment
Patricia Whitlock: moving forward in reverse. News on Reverse Mortgages in the Greater NY area. Tag Archives: financial assessment. March 4, 2015 – 4:04 pm. This past weekend saw the most recent of many changes to the HECM Reverse Mortgage program, when HUD set a new date for the implementation of Financial Assessment. Here is a summary:. Maximum First Year Draw Borrowers are limited to 60% of available funds during the first year of their reverse mortgage, with the exception of Mandatory Obligations ie:...
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Uncategorized | Patricia Whitlock: moving forward in reverse
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Patricia Whitlock: moving forward in reverse. News on Reverse Mortgages in the Greater NY area. NBC News: Could Getting a Reverse Mortgage Help You Save Money? April 26, 2016 – 12:24 pm. Click on the link to view the video:. Http:/ www.nbcnews.com/widget/video-embed/672035907762. March 25, 2016 – 8:48 am. NRMLA’s Reverse Mortgage Education Week. Events like this free webinar on April 22 at 3 pm ET:. Meeting Your Clients’ Needs with a Reverse Mortgage. The webinar will provide participants with:. HUD has ...
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Patricia Whitlock: moving forward in reverse
https://patriciawhitlock.com/2014/08/11/515
Patricia Whitlock: moving forward in reverse. News on Reverse Mortgages in the Greater NY area. Reverse mortgages are becoming a sensible planning tool. I am receiving numerous sales calls for reverse mortgages. Please tell me about the downside to this program, if there is one. August 11, 2014 at 11:06 am. Or leave a trackback: Trackback URL. 25 Ways to Use a HECM. Next Post ». Leave a Reply Cancel reply. Enter your comment here. Fill in your details below or click an icon to log in:. Notify me of new p...
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From the blog of a colleague: Our Pledge to our Borrowers | Patricia Whitlock: moving forward in reverse
https://patriciawhitlock.com/2015/02/18/from-the-blog-of-a-colleague-our-pledge-to-our-borrowers?share=email
Patricia Whitlock: moving forward in reverse. News on Reverse Mortgages in the Greater NY area. From the blog of a colleague: Our Pledge to our Borrowers. Click on the link below:. Http:/ wp.me/p4EUZQ-1as#sthash.bbBsiOkD.k7KaESXZ.dpuf. February 18, 2015 at 10:53 am. Or leave a trackback: Trackback URL. The Mortgage Professor (aka Jack Guttentag) Explains Fixed vs Adjustable Rates. New Reverse Rules ». Leave a Reply Cancel reply. Enter your comment here. Address never made public). Send to Email Address.
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Consumer Affairs Addresses Non-Borrowing Spouse Issue | Patricia Whitlock: moving forward in reverse
https://patriciawhitlock.com/2015/01/15/consumer-affairs-addresses-non-borrowing-spouse-issue
Patricia Whitlock: moving forward in reverse. News on Reverse Mortgages in the Greater NY area. Consumer Affairs Addresses Non-Borrowing Spouse Issue. Recent changes to the HECM reverse mortgage guidelines protect a non-borrowing spouse. Read the Consumer Affairs article here:. Http:/ www.consumeraffairs.com/news/a-reverse-mortgage-should-always-be-in-both-spouses-names-010915.html. January 15, 2015 at 2:15 pm. Or leave a trackback: Trackback URL. Leave a Reply Cancel reply. Enter your comment here.
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Should you use your home equity for income in retirement? | Patricia Whitlock: moving forward in reverse
https://patriciawhitlock.com/2014/11/25/should-you-use-your-home-equity-for-income-in-retirement
Patricia Whitlock: moving forward in reverse. News on Reverse Mortgages in the Greater NY area. Should you use your home equity for income in retirement? Http:/ www.cbsnews.com/news/should-you-use-your-home-equity-for-income-in-retirement/. Click on the link above for a sensible article which includes a reverse mortgage as an option. November 25, 2014 at 4:42 pm. Or leave a trackback: Trackback URL. In Defense of Reverse Mortgages ». Leave a Reply Cancel reply. Enter your comment here.
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Patricia Whitlock: moving forward in reverse
https://patriciawhitlock.com/2014/09/16/519
Patricia Whitlock: moving forward in reverse. News on Reverse Mortgages in the Greater NY area. Once-Troubled Reverse Mortgages Poised for Rebound. New rules aim to reduce default rates in reverse mortgages amid signs program is rebounding. By HOPE YEN The Associated Press WASHINGTON Sept 15, 2014. They are also being boosted by high-appreciation, gentrifying neighborhoods in older cities such as New York’s Brooklyn borough. A reverse mortgage allows borrowers 62 or older to receive a line of credit or l...
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