HW Media connects and informs decision makers across the housing economy. Professionals rely on HW Media for breaking news, reporting, and industry data and rankings. Moving the Housing Market Forward.

News

Latest Posts

HUD to Raise Premiums, Tighten Limits on Reverse Mortgages 

Aug 29, 2017By

The Department of Housing and Urban Development on Tuesday formally announced plans to increase premiums and tighten lending limits on reverse mortgages, citing concerns about the strength of the program and taxpayer losses. Mortgage insurance premiums on Home Equity Conversion Mortgages will rise from 0.5% to 2.0% of the maximum claim amount at the time […]