HUD’s RFI on reverse mortgage programs highlights an industry focus on mortgage insurance costs and liquidity constraints.
Recently, the Department of Housing and Urban Development (HUD) solicited feedback on how to enhance the HECM program.
Lender Price added Finance of America as its first reverse mortgage partner, offering live HECM and HomeSafe pricing to ...
The U.S. Senate joined the House in passing some new changes to the Federal Housing Administration (FHA) to alter the Home Equity Conversion Mortgage program or HECM for short. These new changes may ...
For those who aren’t yet 62, there may be other options. The Home Equity Conversion Mortgage, or HECM, is backed by the ...
One of the first reverse mortgage programs had such negative ramifications that it was labeled a “black eye” for the industry. That specific program, however, is nearly as old and outdated as some of ...
A growing number of area senior citizens who have found themselves strapped for cash or in debt are turning to a program that could be their salvation. It's called a reverse mortgage, and it more ...
Reverse mortgages, which allow homeowners aged 62 and older to convert part of their home equity into cash without having to make monthly mortgage payments, have become increasingly popular among ...
We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. There's a lesser-known reverse mortgage designed for specific, essential ...
On this episode of The Long View, Don Graves, president and founder of the Housing Wealth Institute and an instructor of retirement income at The American College of Financial Services, and Wade Pfau, ...
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