websiteranker012: Recommended for Type 2

Recommended for Type 2

22 Aug 2022 at 07:00am
Apple's new iPhone 7 might move to glass-on-glass screens which possibly will have a QHD or even a 4K display. Many Android devices already have QHD screens and the Sony Xperia Z5 Premium has a 4K display, therefore it is likely that the iPhone 7 might jump up the resolution. If this is true, then the iPhone 7 might also get bigger and could see a 4.7-inch and 5.5-inch iPhone 7 models. Skyward FBISD
While reverse mortgages sometimes make headlines, consumers can rarely find up-to-date information in their favorite newspapers and magazines. To make up for the lack of mainstream news, seniors can get the latest information by following a reverse mortgage blog. For those who have fallen behind on their favorite reverse mortgage blog, here is the latest news that has the mortgage industry buzzing.
Are Financial Experts Finally Realizing the Full Benefits of Reverse Mortgages?
It is no secret that reverse mortgages have many critics. When Home Equity Conversion Mortgages (HECMs) first became available in the late 1980's, several lenders did adopt some questionable practices. However, as these loans have matured, the Federal Housing Administration (FHA) has tightened their regulations. The days when lenders could take advantage of their borrowers are long since over. Unfortunately, it has taken a long time for the industry to shake its negative reputation.
The good news is that the industry is finally starting to get the recognition it deserves. While these loans are not meant to take the place of traditional retirement planning, many esteemed organizations, including the National Council on Aging, now work to educate seniors on these loans.
As many adults are acutely aware, the recent downturn in the economy has impacted retirees' assets and made it harder to save for retirement. An article released by Investment News, an online news source for financial planners, reported that "reverse mortgages should be considered as a very valuable retirement tool by financial advisers of all types." While there will always be critics, many blog owners are noticing this well-deserved change in attitude.
Reverse Mortgage Blog Owners Discuss Possible New Loan Products
Many blogs are also reporting that new loan products might be released in upcoming months. Currently, FHA has extended their $625,500 maximum claim limit on HECMs through 2012. Still, as home values continue to rise, the demand for jumbo propriety loans might also increase. This has owners predicting that a new jumbo product will be released within the year.
However, people interested in a propriety loan should be aware of a few different things. First, these loans will not be insured by the federal government. Since these loans are not insured, it is likely that borrowers will be required to have a great deal of equity in their home to qualify. Still, if and when this product is released, it will be interesting to see how these loans differ


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