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Feature: The HECM Makes Headlines 

Apr 15, 2014By

When HUD released changes to the HECM program last fall, it incited a wave of headlines as news outlets across the country attempted to explain how the revisions could impact senior consumers. On the whole, the media coverage has been notably positive, as financial experts and FHA representatives touted the changes as a step in the right direction, further regulating the industry and making the loan safer for consumers.In effect, the new guidelines presented an opportunity for the industry to launch a fresh conversation with the public about how a reverse mortgage can benefit retirees looking to achieve financial security.