Tag Archives: Reverse Mortgages

Housing wealth for Americans 62 and older continues to rise and set records as found by a new report.

New research discusses the struggles facing the financial tools that could benefit aging seniors across the nation.

New research finds that the retired population is not looking at this tool as a real option as they age. Click through to find out why.

Discussions have begun between the two agencies regarding a move to a new rate index. Find out the latest details here.

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 ...

According to a study by the National Reverse Mortgage Lenders Association, housing equity for homeowners aged 62 and older increased by $149 billion between Q3 2017 and Q4 ...

San Diego-based ReverseVision, a provider of software and technology for the reverse mortgage industry, has announced that industry educator Dan Hultquist has been hired as director of learning and development.

FHA was praised last year for making changes to its HECM program that helped non-borrowing spouses avoid foreclosure. What further changes did the FHA propose to help seniors sustain their HECM loans?

Why has an advocacy group asked HUD to impose a moratorium on reverse mortgage foreclosures?

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.