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FHA raises reverse mortgage loan limits – Jessica Guerin is an editor at HousingWire covering reverse mortgages and the housing wealth space. She worked previously as the editor-in-chief of The reverse review magazine, which was recently.
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Beware of These Reverse Mortgage Scams – investopedia.com – Flipping Fraud. In this reverse mortgage scam, smooth-talking realtors seek out seniors and get them to take out a reverse mortgage to buy a lower-cost house, without having to put any money down. Unfortunately, these homes are often distressed properties that have been given a facelift but are really in poor condition.
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Calls intensify to separate reverse mortgages from FHA fund – WASHINGTON – The Federal Housing Administration’s recent actuarial report has added more fuel to the fire over concerns about reverse. The Mortgage Bankers Association, the National Association of.
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