The Federal Housing Administration (FHA) on Wednesday issued Mortgagee Letter (ML) 2022-15, which updates the requirements surrounding notices for due and payable statuses on Home Equity Conversion ...

Q. We are senior citizens who own a condominium with no mortgage. We want to stay in our condominium, however, our savings are dwindling, and our fixed income is not keeping up with our expenses. One ...

In case you missed it, here’s what happened in reverse mortgage news this week: FHA Updates Condo Approval Guidelines, Includes Reverse Mortgages—Last Friday, the Federal Housing Administration (FHA) ...

For older homeowners who need cash, a reverse mortgage may be an option. But if your home value is higher than federal reverse mortgage limits allow, you might consider a jumbo reverse mortgage. Jumbo ...

Community First National Bank (CFNB) provides reverse mortgage services nationwide through its Reverse Solutions division. Its licensed specialists offer guidance and help eligible homeowners access ...

Federal Housing Administration (FHA) loans are a popular choice for first-time homebuyers and other borrowers who, for a variety of reasons, may have a hard time qualifying for a conventional home ...