The 2022 bankruptcy of leading lender Reverse Mortgage Funding (RMF) has brought to light serious weaknesses in the home equity conversion mortgage (HECM) program sponsored by the Federal Housing ...
The fundamental conclusion of the Federal Housing Administration’s fiscal year 2017 actuarial review is that the financial problems of the FHA Home Equity Conversion Mortgage program keep getting ...
WASHINGTON – A second consecutive positive report card for the Federal Housing Administration's mortgage fund is generating more pressure for the agency to make another premium cut, but also sparking ...
The Department of Housing and Urban Development is finally changing the requirements around its reverse mortgage program, announcing plans on Tuesday to raise premiums and place tighter loan limits.