A new report outlines April endorsements for home equity conversion mortgages. Click through to see how this sector is performing.
Read More »HUD Announces New Caps on FHA Loans
With HUD increasing FHA’s loan limits in 2019, here’s how different areas of the country could see a rise in the cap for FHA loans.
Read More »Reverse Mortgage Market Takes a Fall
After a rough March for home equity conversion mortgage originations, April’s numbers became even more dire, according to the latest statistics from Reverse Market Insight. Just how bad ...
Read More »Collingwood’s Tim Rood: Evolving Housing to the Next Level
Tim Rood is the Co-Founder and Chairman of the Collingwood Group, a Washington, D.C.-based advocacy group for the housing and mortgage industries. Collingwood works to identify and secure business ...
Read More »Reverse Mortgages Will Soon be Tougher to Get
By 2013, the FHA‒‒the nation’s largest insurer of reverse mortgages‒‒received it’s first-ever bailout of $1.7 billion. At the same time, HECM defaults started to rise. By the middle of 2013, more than a half-million HECMs remained outstanding and the default rate hovered around 10 percent.
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