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New appraisal bias protections apply to reverse mortgage program: FHA

HUD and FHA made clear in statements to RMD that recent appraisal bias protections apply to all forward and reverse mortgage programs.

Sarah manciniMichael nealUs department of housingNational consumer law centerNational reverse mortgage lenders associationHousing administrationUrban developmentFederal housing administrationMortgagee letterHome equity conversion mortgageUrban instituteSouthern regional meeting

Lenders, TPOs barred from HECM-for-Purchase contributions

Lenders, TPOs barred from HECM-for-Purchase contributions
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Sarah manciniSteve irwinDepartment of housingNational reverse mortgage lenders associationHousing administrationNational consumer law centerUrban developmentFederal housing administrationHome equity conversion mortgages

HUD walks back some proposed changes to HECM for Purchase program

Certain changes announced for the H4P program last year will not be implemented after public comments raised concerns, HUD and FHA said.

United statesOdette williamsonSteve irwinChris bruserSarah manciniDavid certnerJulia gordonHousing administrationNational reverse mortgage lenders associationNational consumer law centerUs department of housingUrban developmentHome equity conversion mortgageFederal housing administrationMortgagee letterFederal register

GA Attorney General sues realty company for trying to enforce illegal 40-year listing agreements

GA Attorney General sues realty company for trying to enforce illegal 40-year listing agreements
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United statesIra dorinSarah manciniChris carrJustin grayHomeowner benefit programCox media groupMv realtyNational consumer law centerMv realty defendantsAttorney generalNational consumer lawGeneral assemblyGeorgia attorney generalAttorneys general

GA Attorney General sues realty company for trying to enforce illegal 40-year listing agreements

Those agreements, called the Homeowner Benefit Program, have been the focus of a series of Channel 2 Action News investigations over the past 3 years.

United statesJustin graySarah manciniIra dorinChris carrMv realty defendantsHomeowner benefit programMv realtyNational consumer law centerAttorney generalNational consumer lawGeneral assemblyGeorgia attorney generalAttorneys generalReal estate companyVv realty