The U.S. Department of Housing and Urban Development (HUD) announced this week that it is extending…
Tag: HUD
HECM study examines borrower trends over two decades
A study commissioned by the U.S. Department of Housing and Urban Development (HUD) Office of Policy…
New-home sales stumble as existing inventory increases
New-home sales cooled in April as the supply of existing homes increased and demand was hampered…
HUD to double servicer fee on assumable mortgages
The U.S. Department of Housing and Urban Development (HUD) announced on Monday morning an extension to…
Former HUD Secretary Marcia Fudge becomes a partner at law firm Taft
About two months after resigning as the 18th secretary of the U.S. Department of Housing and…
The month in reverse mortgage rates: May 2024
In March, we explored the difference between Home Equity Conversion Mortgage (HECM) “expected rates” and “note…
Reverse mortgage professionals react to H4P rule changes
After the release of proposed new rules for the Home Equity Conversion Mortgage (HECM) for Purchase…
Michigan attorney general reissues reverse mortgage consumer alert
The attorney general of Michigan has re-released a consumer alert about the reverse mortgage product category…
HUD, USDA reach accord on energy-efficiency standard for new construction
The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of Agriculture (USDA)…
HUD walks back some proposed changes to HECM for Purchase program
The U.S. Department of Housing and Urban Development (HUD) on Friday announced that a proposed change…