HUD received dozens of comments on the HECM and HMBS programs, but no timeline has been set for potential reverse mortgage changes.

A study commissioned by the U.S. Department of Housing and Urban Development (HUD) Office of Policy Development and Research (PD&R) in 2022 aimed to assess the state of the Home Equity Conversion ...

A proprietary reverse mortgage permits senior homeowners to access their home equity through private lenders, offering ...

In the wake of the collapse of the credit and housing markets, much attention has been focused on traditional mortgage and mortgage-backed-security performance. However, despite the reduction in ...

The Federal Housing Administration (FHA) will now requiring lenders originating new Home Equity Conversion Mortgages (HECMs) to provide a second property appraisal in cases where the agency believes ...

The principal limit factor (PLF) condition in the Mortgagee Optional Election (MOE) Assignment is a relief-killer condition. That is why calling the MOE Assignment “a relief” for existing surviving ...

The reverse mortgage market world heads in reverse away from the government created Home Equity Conversion Mortgage (HECM) and towards new propriety products. This is an encouraging sign because any ...

This article proposes changes in HUD policies that would support an enhanced HECM that is part of an integrated retirement plan. Such integration will generate the following benefits: Larger payments ...

Fab It Forward: Fabulous Finds’ new Ken Pratt location is a one-stop, wondrous experience 3 tips for selling your home in a down market New Toll Brothers luxury home community coming soon to ...