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reverse-mortgage

Stringent reverse mortgage rules near implementation

WASHINGTON — Interested in a reverse mortgage without a lot of hassles? Get your application in now. On April 27, a series of extensive “financial assessment” tests will make applying for a reverse mortgage tougher — much like applying for a standard home mortgage.

New mortgage crisis brewing: Bove

There's a new mortgage crisis brewing — only this one is completely different than the one in 2008, says bank analyst Dick Bove.