Monthly Archives: March 2018

Reverse Mortgage News

Reverse Mortgages Pros Reverse Mortgage Originators Tackle Ways to Improve Servicing Reverse mortgage lenders and originators have made great strides in improving the product’s image over the last decade. But once the borrower signs the loan documents, his or her

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Reverse Mortgage News

Reverse Mortgages Pros Report: HUD Secretary Carson’s Job in Question at White House When President Trump fired national security advisor H.R. McMaster, the move reportedly disrupted a larger plan to oust Ben Carson and others, according to Politico. The Department

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Reverse Mortgage News

Reverse Mortgages Pros HUD Pledges Fiscal Responsibility, System Upgrades Amid an ongoing public controversy over its leader’s spending, the Department of Housing and Urban Development on Thursday announced a major push toward greater financial responsibility. Newly appointed HUD chief financial

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Reverse Mortgage News

Reverse Mortgages Pros Reverse Mortgage Originators Offer a Wish List for Reform Allowing homeowners to access more equity and changing the face of life expectancy set asides (LESAs) — those stand as some of the main changes that loan originators

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Reverse Mortgage News

Reverse Mortgages Pros FHA’s Penalties, Deadlines Lead to Steep Servicing Costs Servicing a troubled Federal Housing Administration-backed loan costs three times as much as a loan from government-sponsored enterprises (GSEs) — largely due to the FHA’s steep penalties for any

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