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FHA to Require Second Reverse Mortgage Appraisals Beginning October 1
Sep 28, 2018The Federal Housing Administration on Friday announced a new appraisal requirement for Home Equity Conversion Mortgage lenders in another attempt to stem losses to the Mutual Mortgage Insurance Fund. Starting with case numbers assigned October 1, the FHA will perform a collateral risk assessment on all reverse mortgage appraisals, then require a second appraisal if […]
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Like California, Texas Primed for Private Reverse Mortgage Growth
Sep 27, 2018 -
Older Americans Feel Confident About Homebuying — and Not Downsizing
Sep 27, 2018 -
Reverse Mortgage Marketing Evolves Along with New Private Products
Sep 26, 2018 -
Senior Home Equity Hits $6.9 Trillion, Signifies Biggest Chunk of Wealth
Sep 26, 2018 -
FAR Releases HomeSafe Second, First-Ever Second-Lien Reverse Mortgage
Sep 25, 2018 -
Kroll Predicts Jump in Proprietary Reverse Mortgage Investment
Sep 24, 2018 -
Fannie Mae Updates Reverse Mortgage Loan Servicing Manual
Sep 24, 2018 -
Condos Continue to Cause Reverse Mortgage Headaches
Sep 23, 2018 -
Despite Long-Term Benefits, Upfront Premium Causes HECM Hesitation
Sep 20, 2018