The FHA has issued its Annual Report to Congress for fiscal year 2023, highlighting the impact of insurance premium reduction, assistance for approximately two million struggling homeowners, and support of underserved borrowers and communities.
Read More »HUD Issues New Guidance on Reverse Mortgages
The FHA has released comprehensive guidance for the Home Equity Conversion Mortgage program to enhance delivery for seniors choosing to age in place in their own homes.
Read More »FHA Raises 2023 Loan Limits in Response to Home Prices
The maximum loan limits for FHA forward mortgages will rise in 3,222 U.S. counties next year, while in just 12 counties, loan limits will remain unchanged.
Read More »Constellation Mortgage Solutions Agrees to Acquire ReverseVision
Investor of vertical market software companies closes deal on provider of private reverse mortgage sales origination software.
Read More »Steve Butler to Lead Business Development for ReverseVision
In his new role, industry vet will educate lenders on reverse mortgage products, loans, and introduce new strategies, aiding in the companywide goal of expanding HELOC services.
Read More »GSEs and FHA Take Action to Protect At-Risk Renters and Homeowners
On the eve of the expiration date protecting Americans from COVID-related foreclosures and evictions, the FHA and FHFA have extended measures to keep those at-risk safely and securely housed through September 30, 2021.
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