Money Digest on MSN
The type of mortgage loan you should keep in mind if you're retired
This type of mortgage is ideal for many retirees because it provides flexibility and can even help them defer taking Social ...
I received a solicitation for an HECM loan saying I had “Estimated Funds Available” of $54,059. HECM stands for “home equity conversion mortgage” and is the FHA’s reverse mortgage program that enables ...
John Mostellar III, James Wright Jr. The U.S. Department of Housing and Urban Development (HUD) published a request for information (RFI) on October 2, 2025 titled “Future of the HECM and HMBS ...
Private-label reverse mortgages grew to account for 45% of the market in December 2025, finishing the year with $2.5 billion in volume.
HECM endorsements through the FHA surged to 3,905 in November due to a backlog created by the government shutdown, while HMBS issuance and pool sizes declined. AI Summary Home Equity Conversion ...
The Department of Housing and Urban Development is selling more due-and-payable HECMs on homes that are occupied while ...
Finance of America Reverse LLC has entered into an agreement to acquire the home equity conversion mortgage (HECM) servicing portfolio, and certain other reverse mortgage assets, from PHH Mortgage ...
LUXEMBOURG, Sept. 19, 2023 (GLOBE NEWSWIRE) -- Altisource Portfolio Solutions S.A. (“Altisource” or the “Company”) (NASDAQ: ASPS), a leading provider and marketplace for the real estate and mortgage ...
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