Keep in mind that the borrower must still pay property taxes, fees and insurance, as well as maintain the home and live in it as a primary residence, but a reverse mortgage can help in covering ...

Michael Banner says HECM for Purchase, launched in 2009, remains a small slice of reverse mortgage volume due to industry execution. He points to stigmas, weak recruiting, and limited collaboration ...

NEXA Lending’s Loren Riddick wants policymakers to revisit HECM design, focusing on FHA mortgage insurance pricing and reverse-to-reverse refinance activity. He argues that high upfront costs can be ...

A November webinar featuring Telhio Credit Union Loan Officer Allie Hager and Realtor Kelly Hamilton of Realty Forward is still getting attention from credit unions focused on strengthening realtor ...