HECM
Latest Posts
Addressing Reverse Mortgage Red Flags
Jun 23, 2011The tax and insurance default issue with reverse mortgage servicing continues to be portrayed as a catastrophic issue threatening the Home Equity Conversion Mortgage (HECM) program, highlighting the need for public response from the industry and new guidance from HUD regarding how the issue is being addressed. An "The Best Life" blog in U.S. News & World Report, Philip Moeller suggests that the HECM program is plagued with a "host of serious problems." He points to reverse mortgages being controversial due to their high loan and insurance fees and because some borrowers have not maintained their responsibility to
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Pinpointing Industry Direction
Jun 22, 2011 -
Media Response to the Wells Fargo Announcement
Jun 17, 2011 -
NRMLA Responds to Wells Fargo Announcement
Jun 17, 2011 -
Wells Fargo to Exit Reverse Mortgage Industry
Jun 16, 2011 -
Bott to Leave HUD
Jun 15, 2011 -
TPO Originations Continue to Grow
Jun 08, 2011 -
Reverse Mortgages Can Be Tricky
Jun 06, 2011 -
HECM Activity Fighting to Stay Ahead of 2010 Pace
Jun 03, 2011 -
Expiration of Higher Lending Limits Under Review
May 31, 2011 -
HMBS Continues Forward Momentum
May 26, 2011 -
FHA Data Highlights HECM Pause
May 25, 2011
