Things at Ocwen just went from bad to much, much worse

Things at Ocwen just went from bad to much, much worse

Embattled company hit with an avalanche of bad news

Pending home sales surge to highest level in 18 months

Buyer demand boosts sales

Foreclosure: The Movie… (finally!) coming to a screen near you

In new film, neighborhood of foreclosed homes drives man insane
W S

Items Tagged with 'reverse mortgage program'

ARTICLES

New FHA guidelines to delay reverse mortgage foreclosures

HECM spouses get to stay for longer
Ben Lane
The U.S. Department of Housing and Urban Development and the Federal Housing Administration announced changes to its reverse mortgage program designed to keep non-borrowing spouses during the foreclosure process.
Read More

FHA Commissioner: Government should act as backstop to private capital

Carol Galante shares her views on housing's future
Christina Mlynski
FHA Commissioner Carol Galante argued this week that housing finance reform needs to be a top priority to keep the housing recovery on track.
Read More

FHA needs $1.7B bailout

Decline in FHA endorsement volume leads to shortfall
Christina Mlynski
The Federal Housing Adminstration will require a $1.7 billion bailout from the Treasury to cover projected losses in mortgage-related programs, officials told Congress in a letter Friday.
Read More

Reverse mortgage shift strains senior retirement

HousingWire Staff
Seniors will have to look for another way to fund their retirement, as the government cuts one source of income for them: the reverse mortgage program.
Read More

FHA Solvency Act heads to Senate

Christina Mlynski
Sens. Tim Johnson and Mike Crapo’s bipartisan FHA Solvency Act of 2013 passed committee by a vote of 21-1.
Read More