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Reverse Mortgage News
May
25
2016
The U.S. Department of Housing and Urban Development (HUD) wants to write into the rules a requirement that borrowers...
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May
19
2016
A reverse mortgage can also be expensive. So Consumer Reports says ask yourself some tough questions, like: - What is...
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May
16
2016
“Premier Reverse Closings is part of the Mother Lode family, and we want to make one thing clear: we have a continued...
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May
12
2016
Specifically, HUD has noted several changes for the better among the composition of current borrowers. The shift comes...
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Apr
28
2016
“CRC was contacted by a number of widowed homeowners and other heirs who shared disturbing stories about Financial...
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Apr
28
2016
Of the total number of mortgage complaints, conventional fixed mortgages account for 30% of all complaints the Bureau...
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Apr
22
2016
“As a business matter, Proficio has made the decision to wind down the reverse mortgage operations,” Proficio President...
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Apr
21
2016
“HECM endorsements have been lower than 2014 and 2015 for each of the first two months (and March will continue that...
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Apr
12
2016
HUD neglected to divulge specific details for its plans, but said this mystery shopping initiative is something the...
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