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  • The Trouble with HECMs: FHA’s Bumpy Road to Grandma’s House

    Jun 15, 2009

    The reverse mortgage industry prides itself as the lenders of the Good Mortgage: the mortgage that not only provides essential retirement funds but also the mortgage that comes to the rescue, preventing foreclosures by paying off old “forward mortgages,” delinquent property taxes and unpaid insurance bills. A growth sector in an otherwise ailing mortgage industry,…

    Read more: The Trouble with HECMs: FHA’s Bumpy Road to Grandma’s House
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