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HUD Revises the HECM Program in Response to Changing Market Conditions | Bradley Arant Boult Cummings LLP

Last week, the Department of Housing and Urban Development (HUD) revised multiple regulations and requirements related to servicing Home Equity Conversion Mortgages (HECMs, more. ....

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Reverse mortgage professionals weigh in on 2024's new HECM limit

While most industry professionals see a new reverse mortgage limit as a positive development for 2024, the attitude is not universal. ....

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Proposed Updates To 203(k) Lauded As Beneficial

Proposed Updates To 203(k) Lauded As Beneficial
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FHA Proposes Enhancements to its 203(k) Rehabilitation Mortgage Loan Program | Ballard Spahr LLP

The Federal Housing Administration (FHA) recently proposed enhancements to its 203(k) rehabilitation mortgage loan program. The proposed enhancements are set forth in a draft Mortgagee. ....

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FHA issues extensive new reverse mortgage servicing updates

The FHA on Thursday published new Home Equity Conversion Mortgage (HECM) servicing guidance in response to industry feedback. ....

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