Tag Archives: reverse mortgages

Stagnant homeowners are creating an inventory catch-22

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A new study by Redfin revealed the average homeowner in 2019 has lived in their home for 13 years, a five-year increase from 2009. Continue reading →

SoFi founder’s new startup launches 5-minute approvals for home equity loans

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Disgraced former SoFi CEO Mike Cagney is back with a new venture, just over a year after resigning from the company he helped found over sexual harassment allegations. Continue reading →

The government is cracking down on reverse mortgages

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Homeowners looking for a reverse mortgage may have to undergo a second appraisal in certain circumstances, thanks to new guidance from the Federal Housing Administration (FHA). Continue reading →