Reverse – Page 26 – Cantilever Real Estate

WalletHub says these are the best states for retirees

January 28, 2025 by bp56691

Personal finance website WalletHub this week released its rankings of the best and worst states to retire in 2025. It determined that Florida, Minnesota and Colorado are the friendliest states for retirees, while Mississippi, Louisiana and Kentucky are at the opposite end of the spectrum.

CFPB warns consumers about home equity contracts, comparing their features to reverse mortgages

January 27, 2025 by bp56691

The CFPB compared elements of home equity contract products to reverse mortgages, and said they are residential mortgage loans in an amicus brief.

Remodeling industry could benefit from focus on aging in place

January 27, 2025 by bp56691

Consumers seeking remodeling work are focused on efforts that could “future-proof” homes for later life and aging in place.

CFPB received fewer reverse mortgage complaints in 2024

January 24, 2025 by bp56691

The share of reverse mortgage complaints to the CFPB last year accounted for roughly 1.4% of the total number of mortgage complaints submitted to the bureau.

‘Silver tsunami’ could propel change at low-enrollment WA college

January 24, 2025 by bp56691

A state senator in Washington wants to close a low-enrollment college and transform it into a health sciences campus, citing the “silver tsunami.”

What will happen to HMBS 2.0 under Trump’s regulatory freeze?

January 23, 2025 by bp56691

HMBS 2.0 could make a big difference for reverse mortgage securities issuers, but a lack of concrete information leaves an implementation timeline unclear.

NYC advocates call for billions of dollars to support seniors

January 23, 2025 by bp56691

A coalition of older New Yorkers and aging advocates are demanding more resources from the New York City government to address older residents’ needs.