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HUD Updates Source for Reverse Mortgage LIBOR Swap Rates
Oct 30, 2016The Department of Housing and Urban Development (HUD) published a new Mortgagee Letter on Thursday that updates the source for calculating the expected interest rate for certain reverse mortgages. Effective October 31, 2016, per Mortgagee Letter 2016-16, mortgagees must use the Intercontinental Exchange (ICE) Benchmark Administration for obtaining the 10-Year London Interbank Offered Rate (LIBOR) […]
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Friday Round-Up: Hottest Reverse Mortgage Markets, Top HMBS Issuers
Oct 28, 2016 -
Condo Residents Urge FHA to Ease Rules on Reverse Mortgages
Oct 26, 2016 -
Tech Company Sees Rising Demand for Reverse Mortgage Video Marketing
Oct 25, 2016 -
Reverse Mortgage Industry Gathers for Meeting of the Minds in Chicago
Oct 24, 2016 -
Reverse Mortgage Funding Passes AAG as Top HMBS Issuer in 2016
Oct 24, 2016 -
The Hottest, Coldest Reverse Mortgage Markets Through September 2016
Oct 23, 2016 -
Friday Round-Up: Industry Vet Teams with New Lender, RMS President Exits
Oct 21, 2016 -
Record Reverse Mortgage Loan Pools Push September HMBS to $836 Million
Oct 20, 2016 -
Not Even August’s Big Gains Could Shrink the Reverse Mortgage Volume Gap
Oct 19, 2016