Reverse Mortgage News By Hecmworld

[HUD] Updated HUD Counseling Handbook includes enhanced HECM guidance [RMD] Former Live Well CEO denied motion for a new trial [US News] The U.S. Housing Market is Caught in a Trap 

[Yahoo Finance] When a reverse mortgage may be a scam [Morningstar] 2 Ways to Use Home Equity to Fund Retirement [BankRate] Housing market predictions: The forecast for the next 5 years

[Bullfrag.com] Mexico's reverse mortgage market opportunity [The San Francisco Chronicle] Mortgage relief is still available in California [TheMessenger.com] A risky proposition: More homeowners are forgoing insurance

[Reverse Market Insight] The reverse mortgage Market Minute with Jon McCue [Financial Advisor Magazine] The complex truth about reverse mortgages [Money.com] Americans say they’ll need $5,000 a month to retire comfortably

[Reverse Mortgage Daily] Will demographics be the saving grace for HECM lending? [Reverse Mortgage Daily] The State of Hawaii says now-bankrupt RMF owes unpaid taxes [Housing Wire] The CFPB issues a nearly $2M fine to one mortgage lender and real estate agency

[Housing Wire] Mortgage rates may go down in the fall [Reverse Mortgage Daily] Finance of America Companies Post $221M Loss [CNBC] Only 10% plan to postpone Social Security...

[Housing Wire] If mortgage rates fall to 5% the housing market could get interesting [News Channel 8] Credit Denied: Dave Bancroft shares his experience and why more Americans’ loan applications are being denied [RMD] HECM endorsements grow while the secondary market is challenged

[Reverse Mortgage Daily] Gasps in the room [AOM] Homebuyers should look at these things before making an offer [Housing Wire] The Fed says no recession is expected, but housing… 

[Various Sources] NEW: The Mortgage News Roundup. [Reverse Market Insight] The Reverse Market Minute with Jon McCue. [RMD] Why proprietary reverse mortgage loan volume has declined in California.

[RMD] FHA to cover payments when a lender is in default say Mortgagee Letter [CNBC] Treasury rates spike on positive employment data. [Morningstar] I’m 61, laid off, and have $550K in savings. Can I retire?

[The M Report] What Boomers are looking for in senior housing [Money-com] More states giving property tax breaks to seniors. [Yahoo Finance] Foreclosures Are Rising: What this Means for the Housing Market.

[Money Wise] Dave Ramsey was at a loss for words with one caller until... [Retirement Living] Survey reveals boomer's attitudes about retiring into a Recession [HECMWorld Exclusive] An interview with George Downey on why he moved to The Federal Savings Bank

[Yahoo Finance] How do you pay back a reverse mortgage? [Revere Market Insight] The Reverse Market Minute with Jon McCue [Reverse Mortgage Daily] HUD's spring agenda holds HECM proposals

[Housing Wire] Tightening mortgage credit may boost the HECM [Finance of America Reverse] Can You Use a Reverse Mortgage to Build an ADU? [Reverse Mortgage Daily] Reverse mortgages loans ready to expand in Europe

[Reverse Mortgage Daily] New FHA handbook with HECM policies at the finish line [USA Today] Where are home prices headed? [Honolulu Civil Beat] Attorney comes out of retirement to vacate a reverse mortgage foreclosure

[Yakima Herald Republic] Managing debt in retirement [HECMWorld] What May's HECM endorsements can tell us [Realtor-com] May 2023 Monthly Housing Market Trends Report

[Knowledge at Wharton] Should I pay off my home early? [MarketWatch] Fannie Mae economist: the signs housing prices will drop in your city [Reverse Mortgage Daily] Interest owed on late HECM payments says draft mortgagee letter

[Housing Wire] Boomers and the refi Boom reckoning [Reverse Mortgage Daily] A Congressman & HUD stop fire victim’s HECM Foreclosure [Reverse Mortgage Daily] Home equity lender launches equity dashboard

[Business Wire] Accurate Group Releases its 2023 U.S. Home Equity Loan and Homeowner Intent Survey [Money Watch] Is a reverse mortgage worth it? Here’s what experts think [National Mortgage News] Finance of America posts a profit, aims to dominate the HECM market

[Reverse Mortgage Daily] Subsidiary of Mortgage Bankers Association begins reverse mortgage working group [Business Insider] A brutal reckoning for real estate agents [Insider Observer] District Court rules in Ocwen’s favor and orders the CFPB to abide by a settlement agreement