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What Is A Reverse Mortgage?

If you're a senior with plenty of equity in your home, a reverse mortgage can help boost your income if you can stomach a big expense down the road.

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Finance of America reduces loss, leans into second-liens

Finance of America reduces loss, leans into second-liens
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United statesMatt engelJohann gerickeGinnie maePatti cookGraham flemingMichael fantKristen seiffertTexas capital bankAmerican advisors groupFederal housing administration backedEquity conversion mortgagesSafe second lienReverse mortgage

HUD Issues New Guidance on Reverse Mortgages

HUD Issues New Guidance on Reverse Mortgages
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Steve irwinSarah edelmanJulia gordonNational reverse mortgage lenders associationHousing administrationFederal housing administrationHome equity conversion mortgageSingle family housing policy handbookEquity conversion mortgagesReverse mortgage lenders associationRiskspan reverse mortgage marketRiskspan reverse mortgage market indexSingle family handbookSingle familyAssistant secretaryFederal housing commissioner julia

Long-awaited reverse mortgage revisions to FHA handbook are published

In an effort years in the making, FHA has just published its long-awaited consolidated guidance for the reverse mortgage program.

Elisa saundersKelly johnsonSarah edelmanNational reverse mortgage lenders associationOffice of single family asset managementOffice of single family housing sarah edelmanUs department of housingHousing administrationLong awaited home equity conversion mortgageFederal housing administrationSingle family handbookUrban developmentMarcia fudgeEquity conversion mortgagesSingle familyAssistant secretary

7 Things You Should Know Before Taking a Reverse Mortgage

A Reverse Mortgage is a great way to ensure that you get paid out of the equity on your home while you're still living. It is a great way to realize the full potential of a property you own, primarily a home. If you are considering taking out a reverse mortgage on your property, below are some key things you should know.

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