A study commissioned by the U.S. Department of Housing and Urban Development (HUD) Office of Policy Development and Research (PD&R) in 2022 aimed to assess the state of the Home Equity Conversion ...

The Home Equity Conversion Mortgage (HECM) program has long been perceived as a last resort loan option for retirees despite being the best loan for their situation. We can attract a more affluent ...

In the wake of the collapse of the credit and housing markets, much attention has been focused on traditional mortgage and mortgage-backed-security performance. However, despite the reduction in ...

New measures could boost H4P adoption rate and offer borrowers potential savings with inclusion of premium pricing. Earlier this week, the Federal Housing Administration (FHA) proposed a fresh set of ...

The principal limit factor (PLF) condition in the Mortgagee Optional Election (MOE) Assignment is a relief-killer condition. That is why calling the MOE Assignment “a relief” for existing surviving ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

In a recent article, I described how the HECM program allows eligible homeowners to benefit from unusually large house price appreciation without bearing the risks associated with low or no ...

Retirees who own a valuable home but little else are a large but underserved minority who worry about running out of money before they die. Their major need is for an effective way to convert their ...

Ever wondered how much Ben Carson is worth, where he puts his money, and how much money he earns? Here you go. His hearing is today for the HUD spot. "...it's difficult for a child to learn at school ...

Seniors over the age of 62 can take advantage of the Federal Housing Administration’s (FHA) Home Equity Conversion Mortgage (HECM) program to purchase a new home. This program uses a reverse mortgage ...