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  2. Reverse Mortgage, Home Equity Loan or Refinance? The ... - AOL

    www.aol.com/finance/reverse-mortgage-home-equity...

    Home equity is a valuable financial resource.By definition, it’s the difference between your home’s value and how much you owe on your mortgage. For example, if your home is worth $500,000 and ...

  3. What is a reverse mortgage? How it works, who it’s best for ...

    www.aol.com/finance/what-is-a-reverse-mortgage...

    The amount you can borrow with a reverse mortgage depends on your age, your home's appraised value, current interest rates, the reverse mortgage program you choose and the principal limit factor ...

  4. Reverse mortgage: What it is and how it works - AOL

    www.aol.com/finance/reverse-mortgage-works...

    The most common type of reverse mortgage is a Home Equity Conversion Mortgage (HECM), for borrowers ages 62 and older. Some reverse mortgage lenders offer other options for borrowers ages 55 and ...

  5. Genworth Financial - Wikipedia

    en.wikipedia.org/wiki/Genworth_Financial

    In July 2007, the company acquired Liberty Reverse Mortgage, a reverse mortgage company, for $50 million. [17] It sold the company to Ocwen for $22 million in April 2013. [18] In September 2007, the company sold its wealth management unit to private equity firms Aquiline Capital Partners and Genstar Capital Management for $412.5 million. [19] [20]

  6. Reverse mortgage - Wikipedia

    en.wikipedia.org/wiki/Reverse_mortgage

    A reverse mortgage is a mortgage loan, usually secured by a residential property, that enables the borrower to access the unencumbered value of the property. The loans are typically promoted to older homeowners and typically do not require monthly mortgage payments.

  7. EverBank - Wikipedia

    en.wikipedia.org/wiki/EverBank

    In May 2008, MetLife acquired the bank's reverse mortgage division. [14] In 2009, during the 2008–2011 Icelandic financial crisis, a class action lawsuit was filed against EverBank in the Superior Court of California on behalf of purchasers of certificates of deposit denominated in Icelandic Krona from the bank. The lawsuit alleged that ...

  8. How do you pay back a reverse mortgage? - AOL

    www.aol.com/finance/pay-back-reverse-mortgage...

    How long do heirs have to pay off a reverse mortgage? The lender will typically provide the heirs with repayment options, after which they’ll have 30 days to make a decision.

  9. MetLife - Wikipedia

    en.wikipedia.org/wiki/MetLife

    MetLife, Inc. is the holding corporation for the Metropolitan Life Insurance Company (MLIC), [3] better known as MetLife, and its affiliates. MetLife is among the largest global providers of insurance, annuities, and employee benefit programs, with around 90 million customers in over 60 countries. [4] [5] The firm was founded on March 24, 1868. [6]

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