In response to rapid growth in the number of seniors applying for reverse mortgages, the U.S. Department of Housing and Urban Development has issued a notice expanding the network of counselors ...

The Department of Housing and Urban Development is selling more due-and-payable HECMs on homes that are occupied while ...

The U.S. Department of Housing and Urban Development (HUD) Office of Housing Counseling (OHC) has made a series of updates to its Housing Counseling Program Handbook, including extensive additions, ...

The Federal Housing Administration (FHA) on Wednesday published Mortgagee Letter (ML) 2024-18, which implements updates to debenture interest rates and reimbursements for Home Equity Conversion ...

HUD has raised the FHA forward and reverse mortgage loan limits to reflect higher home prices and preserve access to insured mortgage credit across both low- and high-cost housing markets The U.S.

Fab It Forward: Fabulous Finds’ new Ken Pratt location is a one-stop, wondrous experience 3 tips for selling your home in a down market New Toll Brothers luxury home community coming soon to ...

When you inherit a home with a reverse mortgage, you're given six months to pay off the balance, or up to a year if you can get the deadline extended. It's best to work with the loan servicer to avoid ...