HECM

Reverse Mortgages: What You Don’t Know Could Cost You

Fraud Buster Steve / 07/19/2017

Reverse Mortgages: What You Need to Know I have been inundated with calls about Reverse Mortgages lately. So I have decided to write this article explaining how Reverse Mortgages work and if they are right for you. If you have any further questions, I can refer you to a qualified FHA broker or originator. What

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FHA Rules Finally Deals With Spousal Issues In Reverse Mortgages

Fraud Buster Steve / 06/13/2015

New FHA Rules For Reverse Mortgages Would Allow Non-Borrowing Partners To Remain In The Home FHA announced changes to its reverse mortgage program that would allow non-borrowing spouses to stay in their homes after the last surviving borrower dies. FHA released new guidance earlier this year allowing lenders to delay foreclosure proceedings against non-borrowing spouses.

FHA, HECM, HUD, Mortgagee Optional Election Assignment, Reverse mortgages

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HECM

Reverse Mortgages: What You Don’t Know Could Cost You

FHA Rules Finally Deals With Spousal Issues In Reverse Mortgages

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