The Department of Housing and Urban Development is selling more due-and-payable HECMs on homes that are occupied while ...

The Federal Housing Administration (FHA) on Thursday published a new draft version of a Mortgagee Letter (ML) containing a second series of proposed changes to the Home Equity Conversion Mortgage ...

Long-awaited Home Equity Conversion Mortgage (HECM) program guidance revisions to the Federal Housing Administration (FHA)’s Single Family Handbook 4000.1 have been published according to an ...

Fab It Forward: Fabulous Finds’ new Ken Pratt location is a one-stop, wondrous experience 3 tips for selling your home in a down market New Toll Brothers luxury home community coming soon to ...

WASHINGTON (AP) — The Federal Housing Administration may need as much as a $1 billion rescue package before the end of the year to bolster its reserves despite efforts to shore up its finances with ...

Q. We are senior citizens who own a condominium with no mortgage. We want to stay in our condominium, however, our savings are dwindling, and our fixed income is not keeping up with our expenses. One ...

Fab It Forward: Fabulous Finds’ new Ken Pratt location is a one-stop, wondrous experience 3 tips for selling your home in a down market New Toll Brothers luxury home community coming soon to ...

With a reverse mortgage, you borrow against the equity in your home, freeing up cash. Here’s what that means when it comes to taxes, senior benefits, and interest rates. It feels like everything costs ...

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Here's a sobering message for anyone who has a federally insured reverse mortgage or plans to apply for one: If you don't pay your local property taxes or hazard-insurance premiums, the risk of losing ...