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A reverse mortgage is a loan for seniors age 62 and older. HECM reverse mortgage loans are insured by the Federal Housing Administration (FHA) 1 and allow homeowners to convert their home equity into cash with no monthly mortgage payments. 2 After obtaining a reverse mortgage, borrowers must continue to pay property taxes and insurance and maintain the home according to FHA guidelines.

The company is based in Chicago, IL with offices around the country including Florida and Virginia. the only U.S. bullion coins that have a yearly alternating design on the reverse. Because e it.

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The company offers title and loan closing, customized closing/signing, escrow processing, mortgage processing, property reports/document preparation and document retrieval, and reverse mortgages..

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Joining me on the call today is Bob Schottenstein, our CEO and President; Tom Mason, EVP; Derek Klutch, President of our Mortgage Company. and our net worth reached an all-time record of $855.

Reverse Mortgage Daily (RMD) is the leading source for news and information covering the reverse mortgage industry. RMD is part of the Aging Media Network.

A reverse mortgage may help you maintain a quality standard of living throughout your retirement years. Because a reverse mortgage is a tough decision that may affect other family members, we encourage you to involve them in your decision process. When the home is sold or is no longer your primary residence, it’s time to repay the loan.

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Champion Mortgage is a division of Nationstar Mortgage LLC and offers multiple solutions to meet the reverse mortgage needs of our customers. 22 YEARS OF EXCELLENCE Headquartered just outside Dallas, Texas, Nationstar is one of the nation’s leading mortgage servicers.

Also, a replay of today’s call will be available until Thursday, March 14th, 2019, at 11:59 PM Eastern Time by dialing 855-859-2056 or 404-537-3406 and. NextEra’s subsidiary Florida Power & Light.