What Advisors Need to Know About the New Reverse Mortgage Rules
Get ready to field more questions about the pros and cons of reverse mortgages — and how to use them as an estate planning tool.
Reconsidering Reverse Mortgages
Times were tough for Dorothy Ariail back in 1977 when she became a young widow with three children.
FHA Reserves Hit Bottom, but Rebound Expected
Acting FHA Commissioner Carol Galante told reporters on Tuesday that “while the FHA is facing the most severe economic conditions,” the FHA’s “Mutual Mortgage Insurance (MMI) fund capital balance remains in positive territory and its programs are actuarially sound.”