Category: Reverse News
In Case You Missed It: Key Update on Adjustable-Rate Reverse Mortgages
For those who might have missed this crucial update, a significant change took place for adjustable-rate reverse mortgages. This alteration is tied to the expiration[more...]
Cracking the Mortgage Approval Mystery for Older Americans
When you think of mortgage applicants, do you picture young couples buying their first homes? While that's a common scenario, older Americans are increasingly seeking[more...]
Is the Three-Legged Stool of Retirement Still Steady?
The traditional concept of retirement planning, often referred to as the "three-legged stool," has been a go-to strategy for financial advisers. This metaphor represents the[more...]
ChatGPT on Reverse Mortgage Features and Safety: A Q&A
Artificial intelligence (AI) has rapidly evolved and found applications across various fields, including the reverse mortgage industry. Chatbots, powered by AI, have become prevalent tools[more...]
HUD Allocates $160.1 Million in Grants to Foster Affordable Housing for Low-Income Seniors
The U.S. Department of Housing and Urban Development’s (HUD) Office of Multifamily Housing Programs has unveiled the allocation of $160.1 million in grants to non-profit[more...]
FHA Introduces New Policies to Streamline Home Equity Conversion Mortgage Claims Processing
The Federal Housing Administration (FHA) has unveiled a set of new policies aimed at expediting the payment of funds to mortgagees when assigning a Home[more...]
Ginnie Mae’s Policy Shift Applauded by Industry Veteran Ted Tozer
In a challenging climate for reverse mortgage markets, Ted Tozer, former president of Ginnie Mae, believes that a recent policy change by the government agency[more...]
Adapting and Thriving: Strategies for Reverse Mortgage Professionals in Today’s Market
In the unpredictable landscape of the reverse mortgage industry, staying relevant is key to serving clients and referral partners effectively. Reverse mortgage professional Gabe Bodner[more...]
Reverse Mortgage Tribune Exclusive: HUD’s Changes That Demand Your Attention
This ML is effective for all HECMs with FHA case numbers assigned on orafter October 2, 2017.Download Empowering Seniors with Critical Reverse Mortgage Updates After[more...]
RMT Explores Partnership with Reverse Mortgage News (RMN) to Elevate Reverse Industry Reporting
In a strategic move that has sent ripples of anticipation through its readers and dedicated followers, Reverse Mortgage Tribune (RMT) has initiated discussions with Reverse[more...]
English