The U.S. Department of Housing and Urban Development (HUD) Office of Housing Counseling (OHC) has made a series of updates to its Housing Counseling Program Handbook, including extensive additions, ...

In response to rapid growth in the number of seniors applying for reverse mortgages, the U.S. Department of Housing and Urban Development has issued a notice expanding the network of counselors ...

Federal Housing Administration (FHA) Commissioner Julia Gordon and David Berenbaum, deputy assistant secretary for the Office of Housing Counseling at the U.S. Department of Housing and Urban ...

The Department of Housing and Urban Development is helping build HOPE throughout the St. Louis area. Housing Options Provided for the Elderly (HOPE) in University City, Mo., is a recipient of $123,264 ...

In order to obtain a reverse mortgage, homeowners over the age of 62 must undergo counseling by an independent third party before applying for a reverse mortgage with a lender. Everybody knows seniors ...

With a reverse mortgage, you borrow against the equity in your home, freeing up cash. Here’s what that means when it comes to taxes, senior benefits, and interest rates. It feels like everything costs ...

The mandatory start date for evaluating a borrower’s ability to handle ongoing costs required to keep a reverse mortgage in place has been extended until April 27, 2015, according to a letter sent to ...

Reverse mortgages can be a versatile tool in many retirees’ arsenal, helping to bridge the gap when Social Security and savings aren’t quite enough on their own. A chief benefit of reverse mortgages ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. So, how exactly do these senior-focused loans work for married couples, ...