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Congress to HUD: Fix non-recourse problem
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Back in time: HUD rolls back 2008 non-recourse letter
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Is there a silver lining?
UPDATE: On Thursday March 31st the US Court of Appeals granted a temporary administrative stay delaying the rule at least until April 5th at which time there will be a hearing.
Continue readingLO Compensation Rule looms ahead
Regulation may soon increase appraisal costs
HUD sued by AARP over non-recourse clause
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Industry Leader Update: March 14, 2011 from Shannon Hicks on Vimeo.
FAT? Financial Assessment coming soon for RMs
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Industry Leader Update Feb 7, 2011 from Shannon Hicks on Vimeo.
Unthinkable
Never thought it would happen? It appears FHA will be releasing a new rule requiring some basic credit underwriting guidelines for future reverse mortgage borrowers.
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