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How will FHA’s new HECM appraisal rules affect reverse mortgage lending?
News of the rule came earlier ... would be requiring a second appraisal on reverse mortgage loans that have been flagged by its system has potentially having an inflated property valuation. As part of ... read more Friday Roundup: FHA Tightens Lending Rules; More Complications for LO Comp?
How will an investor modeling tool affect the reverse mortgage secondary market? CitiGroup is reportedly including HECM mortgage ... its final rule for stricter lending insurance requirements: FHA ... read more NAMB Perspective: August 2016
Our annual convention is the beginning of the new year and a time for reflection on the past. This last year has seen NAMB grow strongly and partially regain lost ground from the dark years. ... read more
HUD: Reverse mortgage second appraisal rule affecting about 20% of HECMs
The latest mandate requiring a second appraisal on select reverse mortgage loans has affected ... HUD’s director of home policy valuation, said the rule has not affected the majority of HECM ... read more
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