The most popular type of reverse mortgage is the federally insured reverse mortgage backed by the U.S. Department of Housing and Urban Development, known as a Home Equity Conversion Mortgage, or HECM.
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What you should know about reverse mortgages
Posted by mortgage 23 hours ago (Editorial)
AIG ventures back into subprime mortgages
Posted by mortgage 2 days ago (Editorial)
American International Group, the insurer that needed a $182.3 billion bailout from the U.S. government in 2008 after failed mortgage investments, is betting this time it's different.
AIG Wagers on Subprime Betting Second Time Different: Mortgages
Posted by mortgage 6 days ago (Editorial)
American International Group Inc. (AIG) , the insurer that needed a $182.3 billion bailout from the U.S. government in 2008 after failed mortgage investments, is betting this time it?s different.
UPDATE 2-Bernanke: Even worthy borrowers can't get mortgages
Posted by mortgage 10 days ago (Editorial)
* Post-crisis bank caution hurts mortgage lending * Bernanke sees no quick change in lending practices * Future of home-mortgage financing system murky (Recasts lead, adds details, quotes, background) ...
UPDATE 3-Bernanke-even worthy borrowers can't get mortgages
Posted by mortgage 11 days ago (Editorial)
* Post-crisis bank caution hurts mortgage lending * Bernanke sees no quick change in lending practices * Future of home-mortgage financing system murky (Adds quotes from U.S. housing secretary) May 10 ...
Mortgages: Fixed-rate mortgage rates hit low again
Posted by mortgage 13 days ago (Editorial)
Rates on fixed-rate mortgages hit record lows this week, with the 30-year fixed-rate mortgage averaging 3.83% in Freddie Mac?s most recent survey of conforming mortgage rates, released on Thursday.
Co-op is first bank to quit interest-only mortgage market
Posted by mortgage 21 days ago (Editorial)
The Co-operative Bank has become the first high street lender to pull out of the interest-only mortgage market altogether.
Research and Markets: Seize New Opportunities: Your Guide to Reverse Mortgages
Posted by mortgage 27 days ago (Editorial)
Research and Markets has announced the addition of the "Seize New Opportunities: Your Guide to Reverse Mortga
Mortgage How to Get is an informational resource about mortgage news and information.