Reverse Focus

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

George Morales, National Sales Director at Mortgage Cadence, has been elected to the NRMLA Board of Directors, where he will help guide reverse mortgage industry policy, modernization, and consumer-focused innovation

The Mortgage Bankers Association has urged the FHA and Ginnie Mae to modernize and overhaul the HECM and HMBS programs to expand senior access, cut costs, and restore market liquidity

PHH has agreed to sell reverse mortgage servicing rights, comprised of approximately 40,000 Ginnie Mae HECM loans, with an unpaid principal balance of $9.6 billion, as PHH becomes the subservicer for the reverse MSRs under a three-year agreement

HUD released a 2025 shutdown contingency plan for a lapse in funding on September 29

Kinder steps into new role as Traditional Mortgage Acceptance Corp. emphasizes growth in wholesale reverse mortgage