Tag Archives: Reverse Mortgage

A new bill passed by the state of New York  could impact reverse mortgage originators and servicers, as it will prohibit  lenders from engaging in “unfair or deceptive” ...

A pair of recent articles examine the benefits and challenges of reverse mortgages for senior homeowners. Find out why one industry expert believes they can still be a boon to those looking to tap into their home’s equity.

Even as HECM originations declined overall, here are the lenders that saw a spike in the origination of these loans.

The Federal Housing Administration is looking ahead, with an eye on consumer trends in the housing sector.

As housing wealth, especially among senior citizens, rises, here’s what a report revealed about the factors responsible for the increase in debt through reverse mortgage.

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.

Figure Home Advantage lets homeowners convert their home equity into cash they can put to use while continuing to enjoy life at home without the ongoing burden of property taxes, repairs, and maintenance.

Here’s why the FHA plans to keep the premium on its mortgage insurance fund despite a stellar year and the headwinds and opportunities it sees going for its mortgage offerings.

In a conference call, FHA Commissioner Brian Montgomery addressed the recent changes made to the FHA's Home Equity Conversion Mortgage (HECM) Program. Find out what Montgomery talked about.

The Federal Housing Administration recently announced that it will begin requiring lenders originating new reverse mortgages, to provide a second property appraisal under certain circumstances. Find out what circumstances call for a second appraisal.