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  • When considering a financial product or loan of any sort, one of the first things to do is find a reputable company or lender to work with. This can be especially important for someone interested in taking out a reverse mortgage, a loan designated for...

  • SAN DIEGO, Calif., May 17, 2016 (SEND2PRESS NEWSWIRE) — ReverseVision announced today that Concord Mortgage Group (Concord), a Westerville, Ohio-based full-service mortgage banker and division of NOIC, Inc. (NMLS# 121455), has chosen RV Exchange (RVX...

  • After running negative for several years, the Federal Housing Administration’s (FHA) Mutual Mortgage Insurance (MMI) Fund has firmly turned the corner, having stayed in the black for a consecutive year, according to the U.S. Department of Housing and...

  • What is a Reverse Mortgage?
    via 50plusfinance

    You heard the term reverse mortgage but do you really know what it is? A reverse mortgage is just an equity loan secured by your home, which is designed to defer mortgage interest. In 1989, the Federal Housing Administration created a product called...

  • Ronald Reagan signed a law in 1987 that created a brand new type of loan called the Home Equity Conversion Mortgage (HECM), which is known as a reverse mortgage. Even though it’s been around for almost three decades, many people aren’t familiar with...

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