HUD received dozens of comments on the HECM and HMBS programs, but no timeline has been set for potential reverse mortgage changes.

The U.S. Department of Housing and Urban Development has reopened the public comment period for its reverse mortgage programs, extending the deadline to Jan. 5, 2026. Industry groups have submitted ...

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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 ...

While the Department of Housing and Urban Development is maintaining some of its operations during the government shutdown, it has ceased to insure Home Equity Conversion Mortgages – the nation’s most ...

Discover how a single-purpose reverse mortgage allows older homeowners to convert home equity into cash for specific purposes ...

My last couple of posts, beginning with The Mortgage is Dead; Long Live the Reverse Mortgage, have extolled the virtues of the improved FHA HECM reverse mortgage products. Given that the typical ...

As a HUD-HECM-approved lender, we are committed to helping senior homeowners achieve financial security and peace of mind through the power of reverse loans. Our reverse mortgage specialists ...

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 ...

Community First National Bank (CFNB) provides reverse mortgage services nationwide through its Reverse Solutions division. Its licensed specialists offer guidance and help eligible homeowners access ...