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HECM endorsements rise to highest level since February

The reverse mortgage market appeared to recover in July after dipping in June, according to Home Equity Conversion Mortgage (HECM) endorsement data compiled by Reverse Market Insight (RMI) that was ... read more

The 60% reverse mortgage rule: What it is and how it impacts borrowers now

Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ... read more

Trump Rollbacks Just Made FHA Loans Easier—But Will It Help More Buyers?

The FHA just loosened up"big time. The Department of Housing and Urban Development (HUD) recently rescinded multiple rules tied to FHA single-family lending"loosening appraisal standards, lifting some ... read more

The 60% reverse mortgage rule: What it is and how it impacts borrowers now

As with most Americans, older homeowners have been facing issues with rising living costs and mounting debt. As a result, tapping into home equity has become an increasingly popular financial strategy ... read more

Trump Rollbacks Just Made FHA Loans Easier—But Will It Help More Buyers?

Natalie Campisi is a senior journalist who covers personal finance, balancing timely news with in-depth enterprise reporting. Her mission is to make complex financial issues clear and accessible for ... read more