Jeff Ausman will drive expansion in the forward business channel
The agency said the program ‘is losing money and can no longer remain viable in its present form’
The FHA’s new budget reveals that the Obama administration is starting to see reverse mortgages as viable again.
Home Equity Conversion Mortgages started off the fourth quarter of 2014 strong rising almost 30%.
The qualifying age to receive a reverse mortgage is growing by the thousands daily, but the industry is still battling misconceptions and only penetrating 2% of the current market. That’s where you can help. Take our short survey to tell us why you do or do not offer reverse products.
Borrowers cashed out about $8 billion in home equity in the third quarter -- but will the trend continue?
After much delay, HUD has released new guidance for reverse mortgages
An industry association is urging the GSEs to get back into the market