Tag Archives: FHA

Reverse Mortgages Present Benefits and Risks for Senior Homeowners

You’ve seen them advertised on T.V. and asked, “What is a reverse mortgage?” A reverse mortgage is a loan available to senior homeowners (62 years and older) that allows them to convert part of the equity in their homes into … Continue reading

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CARES Act provides relief to some homeowners during coronavirus outbreak

Help is coming for some Americans, who are falling behind on their mortgage payments as a result of economic disruptions caused by the COVID-19 (coronavirus) pandemic. The Coronavirus Aid, Relief, and Economic Security (CARES) Act, signed into law on March … Continue reading

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Housing Finance Weaknesses

Did you buy a house before 2007 and, over the next few years, watch its value fall to less than what you owed on your mortgage? Did you lose a house to foreclosure? Weaknesses in the U.S. housing finance system … Continue reading

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