HMBS Trends Currently Appear Favorable for Reverse Mortgages

The trends in Home Equity Conversion Mortgage (HECM) -backed securities (HMBS) observed during the pandemic last year seem to favor the reverse mortgage industry,...

State Legislation: How Texas is Aiming to Regulate Reverse Mortgages

Codified guidelines on the federal government's Home Equity Conversion Mortgage (HECM) program can often arrive unexpectedly or with little warning about a new policy...

A glossary of terms about mortgages, closings

Posted by Tony Holmes, Jobs and Careers newsletter contributor ...

Reverse Mortgages and Their Largest Misconceptions

A reverse mortgage is a special type of home loan for homeowners who are 62 years of age or older. Much like a...

Mortgage Expert: Reverse Mortgages Have Evolved into Much Better Loans

One mortgage expert and analyst describes that reverse mortgages have moved significantly from complex and confusing financial instruments to well-structured instruments for greater flexibility...

Infrastructure Package and Delayed Budget Proposal Push Reverse Mortgages to the...

While specific Congressional action on the Home Equity Conversion Mortgage (HECM) program remains unlikely due to the current climate in Washington, DC, other major...

FHA Updates Catalyst Software for Forward and Reverse Mortgages

The Federal Housing Administration (FHA) announced a series of updates to its case binder software module, Catalyst, on Monday that implement so-called “various enhancements”...

FHA Official: Prior Mortgagee Letter Guidance for Reverse Mortgages Could be...

The current senior Federal Housing Administration (FHA) official said last week that all previous FHA Home Equity Conversion Mortgage (HECM) program guidelines passed to...

Creative mortgages can help elderly parents keep their homes – Orange...

Do your parents want to stay in their house? Or maybe they want to buy a house to escape the rent trap. If you...

House Passes Measure Removing Barriers on Small Dollar Mortgages

The US House of Representatives has passed seven bipartisan laws introduced by members of the House Financial Services Committee, some of which have a...

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