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’
Qualified borrowers must have an FHA Reverse Mortgage on an Illinois property and must have “experienced a qualifying hardship”
The partnership will expand United's presence in the HECM for Purchase space
Update includes coverage of HELOC and HECM asset types
The Fed’s decision to raise interest rates will be felt in the reverse space – but how severe will the shock be?
Rising interest rates could make younger retirees reconsider taking out reverse mortgage credit lines
The governor of Maine has proposed legislation that could bring elderly residents foreclosure relief through reverse mortgages