We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. One of the most misunderstood is the 60% reverse mortgage rule. This ...

Bionano Genomics, Inc. announced a 1-for-60 reverse stock split of its common stock effective January 24, 2025, following approval by stockholders at a special meeting on January 15. Upon market ...

For older homeowners considering a reverse mortgage, one of the most important factors to understand is the 60% rule. This lending cap, introduced as a safeguard, determines how much money borrowers ...

Gene sequencing company Bionano Genomics (NASDAQ:BNGO) traded ~8% lower in the premarket on Thursday after announcing a 1-for-60 reverse stock split that will take effect on Friday at 5 p.m. In a ...

As with most Americans, older homeowners have been facing issues with rising living costs and mounting debt recently. As a result, tapping into home equity has become an increasingly popular financial ...