Reverse Mortgages: Easy ‘Income’ For Affluent Retirees
Reverse mortgages can provide an essential risk management tool for millions of retirees, especially the affluent homeowner.
FHA
7 Takeaways from FHA’s Annual Report to Congress
Without audience targeting are Google Ads Dead? Think again… Early this month Google announced new restrictions for targeting specific audiences. The restrictions apply to content related to housing, employment, credit, and those who are disproportionately affected by societal biases. The news of these restrictions created quite a stir among
The Reverse Mortgage PARADOX
Despite being a government-sponsored and supervised loan reverse mortgages are rarely mentioned by housing agencies when discussing senior housing insecurity, foreclosure risks, and quality of life. It's the reverse mortgage paradox.
Podcast E647: Revision Improves HECM’s Economic Net Worth by $7B
Unable to use the embedded player? Listen here. Revision Improves HECM’s Economic Net Worth by $7B One industry observer noted a difference between HUD’s Annual Report to Congress and the actuarial review of the HECM in FHA’s insurance fund. Here’s how a $7 billion difference was found and why. Other
Podcast E644: HECM Program Improves Despite COVID
Unable to use the embedded player? Listen here. HECM Program Improves Valuation in FY 2020 In the early spring, the American economy was nearly flattened by shut-downs and shelter in place orders across the nation as a result of the COVID-19 pandemic. Ironically- despite this massive market interruption, FHA’s most
BREAKING: FHA Annual Report with Narrated Video Summary
Without audience targeting are Google Ads Dead? Think again… Early this month Google announced new restrictions for targeting specific audiences. The restrictions apply to content related to housing, employment, credit, and those who are disproportionately affected by societal biases. The news of these restrictions created quite a stir among
The 2019 HECM FHA Report to Congress
What you need to know about FHA’s Report to Congress on the Home Equity Conversion Mortgage [Download transcript] Each year reverse mortgage lenders, originators and other mortgage market participants eagerly await the release of the Federal Housing Administration’s report to Congress on the financial status of the Mutual Mortgage
Pending HECM Changes: The Industry Waits
Proposed changes linger after Congressional hearing As one commenter on HECMWorld put it ‘The HECM program got through the hearing all but unscathed’. Very true considering our long history of continued reductions in Principal Limit Factors and restrictions on how proceeds are distributed. That being said, we have several
