Tagged: Home Equity Conversion Mortgage (HECM)

Guild Mortgage Expands Reverse Mortgage Division

Announces plan after acquiring Cherry Creek Mortgage, a top 10 HECM lender.

Reverse
Mar 20, 2023
FHA Announces Pandemic Aid For Seniors With HECMs

The plan helps senior homeowners with FHA-insured HECMs who are behind on required property charge payments due to effects of the COVID-19 pandemic. 

Regulation and Compliance
Reverse
Dec 19, 2022
FHA Extends Waivers To Its HECM Loss-Mitigation Policies 

Extension applies to senior borrowers affected by COVID-19.

Regulation and Compliance
Nov 28, 2022
Reverse Mortgage Funding 'Pauses' Originations

Lender tells partners it won't fund loans that haven't already closed.

Reverse
Nov 22, 2022
The Reverse Mortgage Refi Boom Is Over

RMI report shows HECM loans in September at lowest point in 2.5 years.

Reverse
Oct 04, 2022
Reverse Mortgage Industry Sees April Drop In Loans

Decline comes after previous month’s 10-year high

Reverse
May 03, 2022
Mar 10, 2011