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Here & Gone: Top lender MetLife drops financial assessment
It was groundbreaking when MetLife began using the Financial Assessment but now they have stopped using it altogether. Learn more in this week's video
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No longer on the list: Industry Leader Update
Non-FHA Approved Brokers find themselves out in the cold when it comes to FHA’s list of HECM approved lenders
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Insurance fund for RMs looking healthy: Industry Leader Update
HUD Secretary says fund backing reverse mortgages looks good… The lackluster condition of of the Mutual Mortgage Insurance fund in fiscal year 2010 lead to some sweeping changes which included a reduction of principal
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Road block: Lack of funds for HUD Counseling: Industry Leader Update
Lack of funding for HUD counseling creating a road block for those who need it the most As we enjoyed our weekend October 1st came and went marking the beginning of the fiscal year
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101 year old evicted in Reverse Mortgage T&I Default: Industry Leader Update
The behind the scenes of the eviction of a 101 year old Detroit woman due to tax & insurance default on reverse mortgage Video grabs from WXYZ television in Detroit. Original Story of eviction here.
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Friday’s Food for Thought: Pandora’s Box
HUD's now suing Wells Fargo & Fannie Mae for their foreclosing on reverse mortgage borrowers. Did HUD open Pandora's box with their recent mortgagee letter?
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Stretching words? AARP Lawsuit
How far will the AARP lawsuit stretch the definition of homeowner? Watch the video for Reverse Mortgage News and Commentary regarding the AARP lawsuit
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Congress to HUD: Fix non-recourse problem
What do you think HUD will do about it’s non-recourse problem?online surveys
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