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Ginnie Mae eyes year-end for new HMBS product - HousingWire
HousingWire· 4 hours agoGinnie Mae is aiming to roll out plans for its new Home Equity Conversion Mortgage (HECM)-backed...
HUD Updates Home Equity Conversion Rules for Purchases
The National Law Review· 6 days agoOn April 26, the U.S. Department of Housing and Urban Development (HUD) issued Mortgagee Letter...
What Seniors Need To Know About Reverse Mortgages—From Taxes To Catches
Forbes· 1 day agoReverse mortgages are a creature of federal law. As part of the Housing and Community Development...
How do you pay back a reverse mortgage?
Bankrate via AOL· 6 days agoSelling the home is still an option even if the home’s value is lower than the loan’s balance. The Federal Housing Administration (FHA), the agency that...
Impact of Revised FHA Handbook on Reverse Mortgage Servicers
The National Law Review· 12 hours agoWhile the revisions in the new handbook are sweeping, this post is focused on how the revisions...
Liberty Reverse parent receives shareholder approval for rebranding - HousingWire
HousingWire· 2 days agoOcwen Financial Corp, the parent company of PHH Mortgage Corp. and its reverse mortgage subsidiary...
HUD announces relief for Texas disaster victims - HousingWire
HousingWire· 6 days agoDepartment of Housing and Urban Development (HUD) announced this week that it is extending a 90-day...
Rising home equity levels could help stoke pent-up demand for these two stocks
CNBC· 4 days agoHome Depot Chief Financial Officer Richard McPhail couldn't ignore a difficult reality on the...
UK home prices to build on recent gains but supply an issue, Reuters poll finds
Reuters· 1 day agoBritish home prices will rise modestly this year and increase faster than overall inflation in the...
Market Outlook: Strong Demand Buoys Public Builder Optimism for 2024
Builder Magazine· 6 days agoThe resilience of demand in the housing market—partially aided by limited resale supply—contributed...
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