You will pay an origination fee to compensate the lender for processing your HECM loan. A lender can charge the greater of $2,500 or 2% of the first $200,000 of your home's value plus 1% of the amount over $200,000. HECM origination fees are capped at $6,000.
BARTOW â The battery trial for a rapper accused of kicking a 19-year-old woman while he was performing at a concert in Lakeland is scheduled to begin Wednesday morning. Kevin Gates, whose real name is Kevin Jerome Gilyard, could be sentenced to one year in jail or probation, or a combination of both, if convicted of misdemeanor battery. The trial before six jurors is expected to begin at 8:30 a.m. and last through the day. County Judge Sharon Franklin will oversee the trial.
Bill Gates is co-founder of Microsoft, co-chair of the Bill & Melinda Gates Foundation, and founder and chairman of TerraPower. In 1975, Gates founded Microsoft with Paul Allen, and led the company to become the worldwide leader in business and personal software and services. More than 20 years later, guided by the belief that every life has equal value, Gates and his wife, Melinda, established the Bill & Melinda Gates Foundation.