Recently, the Department of Housing and Urban Development (HUD) solicited feedback on how to enhance the HECM program.

HUD’s RFI on reverse mortgage programs highlights an industry focus on mortgage insurance costs and liquidity constraints.

WASHINGTON (AP) — The Federal Housing Administration may need as much as a $1 billion rescue package before the end of the year to bolster its reserves despite efforts to shore up its finances with ...

A Barefoot State of Mind: Visit Barefoot’s Doors to Oars Home Tour: Saturdays, Aug. 16, 23 & 30 Erie approves rezoning for Westerly expansion, reducing density and paving way for growth Should I buy a ...

With a reverse mortgage, you borrow against the equity in your home, freeing up cash. Here’s what that means when it comes to taxes, senior benefits, and interest rates. It feels like everything costs ...

Reverse mortgages grew by 6% last year. Here’s why more seniors are borrowing against their homes—and what critics say could ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

Declining home values have put a serious squeeze on one of the mortgage market's most popular and fastest-growing financing concepts: the Federal Housing Administration's reverse mortgage program for ...

If you are in your 60s, and own your home, you have likely heard about reverse mortgages -- or will soon. Reverse mortgages can be helpful to homeowners who want to stay in their homes but are having ...

John Mostellar III, James Wright Jr. Following a long wait, the U.S. Department of Housing and Urban Development (HUD) published a revised version of the Fair Housing Administration’s (FHA) handbook ...