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Articles tagged with: hud

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[1 Dec 2009 | No Comment | ]

HECM Fraud Investigations Under Way, Says HUD OIG Reverse Mortgage Daily Stolworthy began the session by making it clear that he is a “big supporter of reverse mortgages ” and thinks the HECM product is a great product for seniors …

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[19 Nov 2009 | No Comment | ]

RMS-Led Team Wins HUD Approval To Replace HECM Servicing System Mortgageorb By MortgageOrb.com on Tuesday 17 November 2009 The Department of Housing and Urban Development (HUD) has selected Reverse Mortgage Solutions Inc.'s (RMS) …

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[18 Nov 2009 | No Comment | ]

HUD chief: Affordable housing, unemployment relief are key to recovery Fall River Herald News The emergency loan would be for one year with a possible second-year extension, and assumption those homeowners could resume future mortgage payments The … and more

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[16 Nov 2009 | No Comment | ]

HUD Tightens Requirements For Reverse – Mortgage Counselors Emii.com The Department of Housing and Urban Development has imposed stricter standards for counselors working with seniors applying for reverse mortgages backed by …

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[7 Nov 2009 | No Comment | ]

DSNews.com HUD Updates Reverse Mortgage Servicing FAQ Reverse Mortgage Daily References to seller's contributions applied only to forward mortgages for which FHA insured loans were being used to purchase a home. ..

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[31 Oct 2009 | No Comment | ]

HUD takes action against Honolulu reverse mortgage lender Honolulu Advertiser “FHA will not tolerate lenders who violate our rules and prey on those who depend on a reverse mortgage to continue to live independently,” FHA Commissioner … HUD Seeks To Withdraw Approval For Hawaii HECM Lender Mortgageorb all 3 news articles

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[27 Oct 2009 | No Comment | ]

HUD Provides Clarification of Interest Calculation for Reverse Mortgage Claims Reverse Mortgage Daily This requirement was previously addressed in Mortgagee Letter 2003-22, dated December 4, 2003, Home Equity Conversion Mortgages (HECMs) – Procedural …

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[23 Oct 2009 | No Comment | ]

Examiner.com Understanding a Reverse Mortgage Line of Credit Examiner.com A HUD reverse mortgage can provide seniors with a sufficient cash flow during their retirement years that can enable them to live more comfortably than they …

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[16 Oct 2009 | No Comment | ]

HUD Awards $8 Million in Reverse Mortgage Counseling Grants Reverse Mortgage Daily Counseling agencies will use $8 million to help assist senior citizens seeking reverse mortgages to meet the rapidly growing number of elderly homeowners … and more

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[16 Oct 2009 | No Comment | ]

Examiner.com Reverse mortgage market reaches $2.6b yourMortgage.com.au Australia's reverse mortgage market is now valued at $2.6b after recording a growth rate of 5% in the six months to 30 June 2009, a new study by Deloitte …