FOA CEO Graham Fleming discusses nearly 2,500 HECM endorsements in 2026, Onity assets, Blue Owl’s $2.5B option and HMBS updates.
I will assess this question for a homeowner of 62 with a house now worth $400,000 who has no current need to draw funds from a HECM but wants the largest possible credit line looking ahead – say in 3 ...
The practice, almost without exception, is to deliver HECMs as a stand-alone. HECM reverse mortgage lenders are barred by HUD rule from delivering HECMs in conjunction with any other financial ...
If you're thinking about taking out a reverse mortgage, but you want to minimize the risks associated with this type of home loan, consider a home equity conversion mortgage (HECM). Most loans backed ...
Jim Dean is a HECM loan originator who contributed a great deal to my first two posts on reverse mortgages. I asked Jim to pen the following guest post to explain the HECM for Purchase Program. In a ...
In a recent article about QLACs, we said, “A QLAC doesn’t make your retirement. It makes it better.” We offered up several ideas about using a QLAC as part of your plan for retirement income. One was ...
If you're not sure what a reverse mortgage is and what it does, you're not alone. Put simply, instead of making a monthly mortgage payment to a lender, with a reverse mortgage the lender makes ...
Atlantic Avenue Mortgage led April HECM broker endorsements with 110 loans, followed by loanDepot, Caliver Beach and C2 ...
Keep in mind that the borrower must still pay property taxes, fees and insurance, as well as maintain the home and live in it as a primary residence, but a reverse mortgage can help in covering ...
GIG HARBOR, Wash., April 22, 2025 /PRNewswire/ -- HECM Tool, the leading reverse mortgage sales and conversion software, announced the integration of Smartfi Home Loans' Choice Fixed proprietary ...
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