In a letter to HUD that outlined numerous proposals, NRMLA recommended changes to improve the HECM financial assessment ...

The U.S. Department of Housing and Urban Development (HUD) has a series of legislative priorities in 2022, and one of them appears to be substantive reform to the way that the Home Equity Conversion ...

In response to rapid growth in the number of seniors applying for reverse mortgages, the U.S. Department of Housing and Urban Development has issued a notice expanding the network of counselors ...

A HECM, or otherwise known as a reverse mortgage, is the most regulated mortgage loan one can obtain and here is why. HUD, or the U.S. Department of Housing and Urban Development, is a federal agency ...

Taking out a reverse mortgage requires some due diligence on your and your lender’s part, similar to taking out a traditional ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. Knowing these red flags can help you navigate the reverse mortgage ...