MBA proposes seven reforms for the HECM and HMBS programs, including new securitization options and changes to mortgage insurance premiums.

Reverse mortgages allow homeowners to tap into the equity they’ve built up in their homes without having to make monthly payments.

HUD’s RFI on reverse mortgage programs highlights an industry focus on mortgage insurance costs and liquidity constraints.

Reverse mortgages are regularly marketed to seniors as a solution for those who want to use equity in their homes as a source of retirement income. An alternative to home equity loans or home equity ...

Recently, the Department of Housing and Urban Development (HUD) solicited feedback on how to enhance the HECM program. Therefore, I thought this was a perfect opportunity to bring this ...

Reverse mortgages can be a great way for seniors to access the equity in their homes to generate retirement income or cover expenses like medical bills. Unfortunately, they've also become a prime ...

Brai is the founder of SW4 Insights, a public policy advisory firm based in Washington D.C. He has over a decade of experience as a journalist and consultant covering finance and economic policy, with ...

PHH Mortgage to sell reverse mortgage assets and enter into subservicing agreement, repositioning its participation in the reverse market ...

PHH Mortgage, a subsidiary of Onity Group Inc., has introduced a new proprietary reverse mortgage product called EquityIQ®, available through its wholesale network under the Liberty Reverse Mortgage ...

Not all reverse mortgages are scams, but people exploring them should be extremely wary. Many reverse mortgage scams — carried out by unscrupulous parties from financial advisors to contractors — can ...

In connection with the transaction, Finance of America will also acquire PHH’s pipeline of reverse mortgage loans, bring select members of PHH’s experienced origination team into its platform and ...

The CHIP Reverse Mortgage is offered by HomeEquity Bank and is one of Canada's most popular reverse mortgage options. A CHIP Reverse Mortgage may be a good choice for homeowners over the age of 55 who ...