FHA
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Former head of FHA and MBA David Stevens blasts reverse mortgages
Nov 29, 2018David Stevens isn’t a fan of reverse mortgages, and he’s not afraid to say it. The former FHA commissioner and recently retired president and CEO of the MBA posted a comment about HECMs on LinkedIn that got people talking. “Brian Montgomery is trying to fix the abuse,” he said, “but the product is the one that kept me awake at night when I was there.” We reached out to Stevens to talk more about his issues with the program and his suggestions for fixing them.
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Reverse mortgage volume declines
Nov 27, 2018 -
Reverse mortgage industry reacts to FHA’s hint at future policy changes
Nov 20, 2018 -
FHA: No PLF changes for reverse mortgages
Nov 15, 2018 -
FHA will not cut mortgage insurance premiums
Nov 15, 2018 -
Committee tracks impact of FHA’s second appraisal rule
Nov 01, 2018 -
HUD: Reverse mortgage second appraisal rule affecting about 20% of HECMs
Oct 30, 2018 -
FHA Commissioner Brian Montgomery: More change ahead for reverse mortgages
Oct 30, 2018 -
6 Questions with 6 HUD Executives, BONUS Episode: Adolfo Marzol
Oct 24, 2018 -
FHAÕ second appraisal rule for HECMs has minimal impact so far
Oct 23, 2018 -
FHA takes steps to relieve balance sheet stress for reverse mortgage issuers
Oct 22, 2018 -
FHA publishes FAQ on second appraisal mandate for reverse mortgage loans
Oct 22, 2018
