Holiday Week Round-Up: Carson’s HECM Progress, Private Promise

As we roll into the week of Independence Day, take a second to look back at the important items you might have missed over the past few days.

RMD reported on Housing and Urban Development Secretary Ben Carson’s testimony before Congress, in which he praised recent changes to the program as key taxpayer protections designed to keep the Federal Housing Administration solvent.

We also brought you into a lively discussion about the fraught nature of reverse mortgage referrals, as well as reasons why industry leaders say the time is right for a significant expansion of private reverse mortgage offerings.

These stories should tide you over until we return: Reverse Mortgage Daily will not publish our morning e-mail from Tuesday, July 3 to Thursday, July 5. Check your inbox on Friday, July 6 for a recap of what you may have missed.

All of us at RMD hope you enjoy the holiday.

Written by Alex Spanko

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