With the new HECM loan limits announced by HUD at last weeks MBA conference, I thought you would want to run a few scenarios to see how much borrowers may qualify for with the new limit. Here is a ...

Many senior homeowners are attracted to the idea of using a reverse mortgage to draw additional funds, but are so fearful of making a costly mistake involving their house, or being taken advantage of ...

Looking to run a scenario for your borrowers interested in the HECM for purchase program? Ibis has created a calculator that can be used by lenders, consumers, real estate agents and home builders.

In a recent article, I described a reliable and easy-to-use calculator that could improve the ability of seniors to determine whether their lives would be improved by an HECM, or reverse mortgage.

In a recent article, I described a reliable and easy-to-use calculator that could improve the ability of seniors to determine whether or not their lives would be benefited by a HECM reverse mortgage.

In a recent column, I described a reliable, easy-to-use calculator that could improve the ability of seniors to determine whether or not their lives would be benefited by a home equity conversion ...

“I am interested in your opinion of the following plan: Take a Home Equity Conversion Mortgage reverse mortgage on my home, which is worth $1 million and will appreciate by 3.5 percent a year. I would ...

Many homeowners today choose to retire, or are obliged to, before they have fully paid off their mortgage. With their income reduced, the required monthly mortgage payment can become heavily ...

Reverse mortgages have a bad rap, says Jack Guttentag, a professor emeritus at Wharton. At 88, he’s on a mission to set the record straight and help millions of seniors he says could enrich their ...

On Sept. 3, 2013, the Federal Housing Administration (FHA) published Mortgagee Letters (ML) 2013-27 and 2013-28, Changes to the HECM Program Requirements and HECM Financial Assessment and Property ...

Primary Residential Mortgage, Inc., (“PRMI”) has expanded its Reverse Mortgage Department with the hiring of reverse mortgage specialist, Peg McDonough. Sales manager Rob Wilson explained, “We chose ...