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 missteps during the process. Writing in a new report for the Urban Institute, a group of researchers claims that the FHA and Department of Housing and […]
Tagged with: , , , , ,
Posted in Uncategorized

Leave a Reply

Your email address will not be published. Required fields are marked *

*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>