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How will FHAÕ new HECM appraisal rules affect reverse mortgage lending? - HousingWire

The latest change to the reverse mortgage program was just announced, and it requires a second appraisal on select HECM loans. Now, the industry is abuzz with speculation as to just how impactful ... read more

Committee tracks impact of FHA’s second appraisal rule

Members of the HUD Issues Committee within the National Reverse Mortgage Lenders Association are taking a deep dive into the Federal Housing Administration’s second appraisal rule for select ... read more

Changes May Be Coming To Reverse Mortgage Rules, But What Do They Mean? - Forbes

Last month, the Trump Administration announced proposed changes to the U.S. Department of Housing's reverse mortgage program, the Home Equity Conversion Mortgage (HECM). Senior reverse mortgage ... read more

FHA lenders warming up to reverse mortgages for new home purchases

Recent developments in the Federal Housing Administration's Home Equity Conversion Mortgage program are making it easier for lenders to originate reverse mortgages to borrowers who want to buy a ... read more

FHA Proposes New Rule to Strengthen HECM Program

The Federal Housing Administration (FHA) is proposing a new rule that it claims will strengthen its Home Equity Conversion Mortg. The Federal Housing Administration ... California Mortgage Expo — ... read more

FHA will require second appraisal for some reverse mortgages

WASHINGTON — The Federal Housing Administration will now require lenders originating certain new reverse mortgages to offer a second property appraisal in cases where property valuations may be ... read more

Just Approved: FHA allows “drive-by” appraisals for HECM reverse mortgage because of COVID-19 - SFGATE

Mortgage loan originator: David Chee, CPA, HighTechLending Inc. Just Approved: FHA allows “drive-by” appraisals for HECM reverse mortgage because of COVID-19 SF Gate Logo Hearst Newspapers Logo ... read more

New reverse mortgage rules set by HUD - ksdk.com

Are you considering a reverse mortgage? Discover how the HUD's changes to the rules governing reverse mortgages will affect you as a potential candidate. Skip Navigation ... read more

FHA Announces New Affordable HECM Saver Reverse Mortgage Option – NMP - National Mortgage Professional

The Federal Housing Administration (FHA) has announced a new modified version of its Home Equity Conversion Mortgage (HECM) product. The HECM loan is a reverse mortgage-insured by the federal ... read more

Equity Access Group Embraces New $1.2M HECM Lending Limit, Reinforces Commitment to Jumbo Reverse Mortgage Solutions

Last three increases in HECM lending limits Equity Access Group backs the new $1.2M HECM limit, boosting seniors’ access to home equity and expanding jumbo reverse mortgage options. CA, UNITED ... read more

FHA's Reverse Mortgage Standards Get Tougher in Response to Increased Delinquency - CBS News

FHA's Reverse Mortgage Standards Get Tougher in Response to Increased Delinquency By Ilyce Glink Updated on: April 26, 2011 / 5:01 PM EDT / MoneyWatch ... read more