HECM remains in the black

The reverse mortgage portion of the Federal Housing Administration’s (FHA)’s Mutual Mortgage Insurance Fund (MMIF) has…

MMI Fund capital reserve is now 5X larger than required

The U.S. Department of Housing and Urban Development (HUD) and the Federal Housing Administration (FHA) reported…

NRMLA asks HUD to extend reporting timetable for cybersecurity incidents

The National Reverse Mortgage Lenders Association (NRMLA) said this week that it has submitted comments to…

Federal housing leaders speak to the need for more reverse mortgage understanding

Federal Housing Administration (FHA) Commissioner Julia Gordon and David Berenbaum, deputy assistant secretary for the Office…

Ginnie Mae’s Sam Valverde on the mission of the reverse securities program

Ginnie Mae has taken a far more active role in the reverse mortgage industry over the…

Reverse mortgage leaders praise FHA engagement, back-end improvements

Despite 2024 being a challenging year for sales volume, the reverse mortgage industry is still encouraged…

FHA commissioner, HUD counseling head on serving seniors with reverse mortgages

Federal Housing Administration (FHA) Commissioner Julia Gordon and David Berenbaum, deputy assistant secretary for the Office…

FHA announces updates to Catalyst software’s appraisal module

The Federal Housing Administration (FHA) announced on Friday that it has updated the Electronic Appraisal Delivery…

FHA’s Julia Gordon reflects on housing successes, challenges at reverse mortgage conference

At the National Reverse Mortgage Lenders Association (NRMLA) Annual Meeting and Expo in San Diego this…

FHA head says more housing counselors should have reverse mortgage training

Federal Housing Administration (FHA) Commissioner Julia Gordon thinks that more U.S. Department of Housing and Urban…