As the reverse mortgage industry prepares to say goodbye to the tumultuous year that is 2024, positive news for the Federal Housing Administration (FHA)’s Home Equity Conversion Mortgage (HECM) ...
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 ...
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 ...
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 ...
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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 ...