Lead Generation

Feature: HECM Retrospective 

Twenty-five years ago this July, HUD launched the Home Equity Conversion Mortgage Demonstration, creating an invaluable tool designed to help senior homeowners fund their retirement years.Since that time, the industry has seen volume rise and fall, and lenders come and go as it struggled to find its place in the mortgage market. Even today, the program continues to be modified under new regulations as HUD, convinced of the HECM’s value, seeks to ensure its long-term sustainability. With so much change in the market as of late, professionals in the space spend a great deal of time discussing and debating the