Back in March, RMD brought you the story of potential Home Equity Conversion Mortgage borrowers in Arizona who were foiled by the abrupt enforcement of a previously ignored Federal Housing Administration regulation. Just last week, the FHA partially lifted the restriction by exempting condos, according to a local newspaper report — but players on the […]

We’ve made it to the end of an abbreviated week, so if you’ve been out of the office this whole time, take a quick second to see what you’ve missed in the world of reverse mortgages in the days following the July 4 holiday. Confusion Reigns in Appraisals for Reverse, Forward HUD Loans — Faced with […]