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.
Lender Price added Finance of America as its first reverse mortgage partner, offering live HECM and HomeSafe pricing to ...
Ramsey points out that these loans steadily increase in balance because of accumulating interest, which erodes equity over ...
Finance of America is buying Onity's MSRs and loan pipeline in this niche as PHH retains its role as a subservicer and ...
Explore how reverse mortgages can provide financial relief for retirees with limited income by leveraging home equity for tax ...
A reverse mortgage is designed for homeowners 62 or older that allows them to convert part of the equity in their home into ...
PHH Mortgage to sell reverse mortgage assets and enter into subservicing agreement, repositioning its participation in the ...
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 ...
Finance of America Reverse LLC ("Finance of America"), the operating subsidiary of Finance of America Companies Inc. (NYSE: ...
Oh, hi again. In today’s edition, we’re talking about a new reverse mortgage that promises rate stability for life, a ...