HECM
Latest Posts
When should you use a reverse mortgage to pay for home modifications?
Jun 12, 2017[Commentary] One big advantage of a reverse mortgage is its flexible repayment feature: there’s no minimum monthly principal and interest payment — the borrowers can choose to make monthly loan payments, or defer repayment until they sell the home or don’t live in it anymore. But, it’s not for everyone. Here are some of the benefits and hazards to using the product.
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Mnuchin’s OneWest subsidiary agrees to $89M settlement for reverse mortgage violations
May 16, 2017 -
HereÕ what you need to qualify for a reverse mortgage
Apr 06, 2017 -
Study: Recent changes to reverse mortgage rules cut default risk in half
Jul 15, 2016 -
HUD watchdog issues warning on fraudulent, inflated reverse mortgage appraisals
Nov 30, 2015 -
FHA reaches capital mandate and here’s what’s next
Nov 16, 2015 -
Walter Investment fined $29.6 million for False Claims Act violations
Sep 04, 2015 -
FHA issues new reverse mortgage rules to protect spouses
Jun 12, 2015 -
New FHA guidelines to delay reverse mortgage foreclosures
Jan 29, 2015 -
WATCH: Famous televangelist gives terrible reverse mortgage advice
Jan 28, 2015 -
Spotlight: A Historical Timeline of the HECM Program
Oct 05, 2012 -
Feature: A Sit-Down with Fred Thompson
Oct 05, 2012
