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Keep Your Home California announced a new effort to help low- and moderate-income homeowners avoid foreclosure on their reverse mortgages.
Several bills have been introduced by state legislatures that impact reverse mortgage lenders.
HMBS issuers sold $712 million in new pools during January 2015, the highest total since December 2013.
FHA has released new model loan documents that incorporate non-borrowing spouse and financial assessment changes.
The U.S. Department of Housing and Urban Development has pushed back the effective date for implementing financial assessment.
No matter how much information we provide to borrowers and their families, there will always be some who will never completely understand everything about reverse mortgages, or will forget what they learned over time.
Eastern Regional Meeting
Dates: March 25-27
New York City
Western Regional Meeting
Dates: May 12-13
Location: Huntington Beach, CA
Annual Meeting & Expo
Dates: November 16-18
Location: San Francisco
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