The Federal Housing Administration (FHA) on Wednesday issued Mortgagee Letter (ML) 2022-15, which updates the requirements surrounding notices for due and payable statuses on Home Equity Conversion ...

The sole outlier, according to the online database, is related to a settlement between HUD and MetLife Home Loans reached in 2018, stemming from allegations that the lender and a reverse mortgage ...

A HECM, or otherwise known as a reverse mortgage, is the most regulated mortgage loan one can obtain and here is why. HUD, or the U.S. Department of Housing and Urban Development, is a federal agency ...

Q. We are senior citizens who own a condominium with no mortgage. We want to stay in our condominium, however, our savings are dwindling, and our fixed income is not keeping up with our expenses. One ...

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Mid-South BBB President and CEO Randy Hutchinson provides consumers with weekly insight into making wise business decisions.

Two topics kicked around in hotel lobbies and coffee shops at the recent National Reverse Mortgage Lenders Association Western Regional Meeting & Expo in San Diego were how to sidestep a new ...