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) ...
The U.S. Department of Housing and Urban Development (HUD) on Friday announced that a proposed change to the Home Equity Conversion Mortgage (HECM) for Purchase (H4P) program has been modified to bar ...
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 ...
John Mostellar III, James Wright Jr. The U.S. Department of Housing and Urban Development (HUD) published a request for information (RFI) on October 2, 2025 titled “Future of the HECM and HMBS ...
On October 2, HUD published a request for information (RFI) in the Federal Register seeking public comment on the current state of the Home Equity Conversion Mortgage (HECM) and HECM mortgage-backed ...
Beginning Aug. 4, HECM protects non-borrowing spouses (NBS), and the main reverse mortgage product in the U.S. is stronger for it. If you are a non-borrowing spouse, the one who did not sign the loan ...
The Federal Housing Administration (FHA), an organizational unit within HUD, administers the single-family mortgage insurance program. Although primarily a mortgage insurer, FHA has occasion to become ...
The Department of Housing and Urban Development is selling more due-and-payable HECMs on homes that are occupied while ...
The Housing and Community Development Act of 1987 authorized HUD to conduct a demonstration of HECM loans for older homeowners. The original HECM demonstration allowed HUD to originate 2,500 loans ...