HUD is seeking public comments on potential improvements to its reverse mortgage programs to help shape future policy changes ...
The Federal Housing Administration (FHA) this week published a new proposed policy for the Home Equity Conversion Mortgage (HECM) program, which would update the way debenture interest rates for HECM ...
A HECM, or otherwise known as a reverse mortgage, is the most regulated mortgage loan one can obtain and here is why. HUD, or the U.S. Department of Housing and Urban Development, is a federal agency ...
Some lenders have a workaround for the Federal Housing Administration's suspension of reverse mortgage endorsements but fewer ...
Mid-South BBB President and CEO Randy Hutchinson provides consumers with weekly insight into making wise business decisions.
While the Department of Housing and Urban Development is maintaining some of its operations during the government shutdown, it has ceased to insure Home Equity Conversion Mortgages – the nation’s most ...
With a reverse mortgage, you borrow against the equity in your home, freeing up cash. Here’s what that means when it comes to taxes, senior benefits, and interest rates. It feels like everything costs ...
Four million American families depend on the services provided by the U.S. Department of Housing and Urban Development (HUD) ...
Reverse mortgages are widely advertised to seniors as a popular way to access the equity of their home, which may be attractive to consumers seeking a quick source for cash during tough financial ...
A Barefoot State of Mind: Visit Barefoot’s Doors to Oars Home Tour: Saturdays, Aug. 16, 23 & 30 Erie approves rezoning for Westerly expansion, reducing density and paving way for growth Should I buy a ...