Relevant:
- FHA Raises Annual Premiums Charged to Reverse Mortgage Borrowers
- New Low Cost Reverse Mortgage Product Coming in October says HUD
- Reverse Mortgage Applications Rise to Highest Level Since September 2009
- HUD Establishes Reverse Mortgage Counseling Roster and Standards
- An interview with HECM Architect Ed Szymanoski
2010-03-29 — reversemortgagedaily.com
“It’s coming,” said Joe Demarkey, Assistant Vice President of Strategic Business Development for MetLife in response to a question about whether the US Department of Housing and Urban Development (HUD) would start requiring lenders perform a credit underwrite for reverse mortgage borrowers.
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