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GAO highlights reverse mortgage counseling in new report

Housing Wire

“This program provides counseling to all applicants of the federally insured reverse mortgage program, the Home Equity Conversion Mortgage program,” the report stated. The Home Equity Conversion Mortgage allows adults age 62 or older to withdraw a portion of their home’s equity to use for home maintenance, repairs, or general living expenses.”

Mortgages 416
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Best real estate continuing education schools for quick and easy license renewal in 2024

Housing Wire

Every 12 years, a cosmic thing happens, and agents in all 50 states come due for their real estate continuing education (CE) and licensing renewal. Maintaining your real estate license means taking continuing education courses to fulfill your state licensing board’s requirements, and doing so before your license expires.

Agents 450
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NAF reverse VP talks 2024 business, collaboration with forward side

Housing Wire

“It was a challenge for so many in the reverse space, but also in the mortgage space, generally,” she said. There was a lot of growth and a lot of opportunity that we had just in general within the company.” So, this past year has been all about thriving to really grow this division.” Wherever we can make a move, we’re going to.”

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The month in reverse mortgage rates: March 2024

Housing Wire

For this reason, I will provide a short monthly educational focus, followed by a summary of the HECM rate market. Keep in mind that almost all HECMs are adjustable-rate mortgages (ARMs), and so each rate update will concentrate on ARMs. lender margins are used for education purposes only. With a HECM loan, the U.S.

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WSFS president talks motivation for reverse mortgage survey, potential future action

Housing Wire

The education gap The reverse mortgage industry has long made serious investments in educational programs, particularly when looking at the efforts of current and former major lenders in the space like Finance of America Reverse (FAR), American Advisors Group (AAG) and others.

Mortgages 420
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Reverse purchase financing: The financing option no one is talking about

Housing Wire

Rather, it’s an age-specific, federally-insured loan option that helps eligible buyers aged 62+ make a residential purchase while retaining more of their money than they could with a conventional mortgage or an all-cash purchase, generally leaving their savings and assets intact for retirement and any heirs.

Finance 458
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5 best Arizona real estate schools for 2024

Housing Wire

We’ve reviewed all the key information to determine the best Arizona real estate schools to help you get licensed quickly and efficiently with a state-approved, online program at an Arizona real estate school. Post-Licensing CE $35 CE General Package: Required 6 hrs of coursework. out of 5 stars Rating: 4.5 out of 5.

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