Archives – ReverseVision and Industry News
January 6, 2015
Finishing 2014 with a bang, December’s home equity conversion mortgage (HECM) endorsements
grew 12.1% to 4,942 loans, marking the highest monthly volume since February. Read more.
January 7, 2015
Changes will not apply to the reverse mortgage program,
a Department of Housing and Urban Development spokesman confirmed with RMD. Read more.
January 8, 2015
The fixed rate HECM reverse mortgage is primarily for seniors who plan to use all
or most of their borrowing power right away. Read more.