The OIG recommended that HUD “implement controls to prevent or mitigate instances of borrowers violating HECM program residency requirements by concurrently participating in the Voucher program,” ...

Remember: You must attend a HUD counseling session administered by an approved ... and lose your home to foreclosure if you ...

Steve Irwin, the president of the National Reverse Mortgage Lenders ... a full review of the new requirements. “As with any new policy guidance issued by HUD, NRMLA’s HUD Issues Committee ...

New federal rules now prevent non-permanent U.S. residents from getting FHA-backed home loans, leaving many immigrant families without financing options. While most lenders are stepping back, First ...

The U.S. Department of Housing and Urban Development (HUD) has issued Mortgagee Letter 2025-09, which updates the residency ...

In the waning hours of the first Trump Administration the U.S. Department of Housing and Urban Development (HUD) announced that effective January ...

who must meet those same FHA requirements and for whom the mortgage file “must include evidence of lawful permanent residence and indicate that the borrower is a lawful permanent resident”; and ...

FHA loan requirements You'll need a credit score ... The home equity conversion mortgage (HECM) is a popular type of reverse mortgage that's backed by the FHA. Reverse mortgages let you take ...

Wall Street Journal reporter Laura Kusisto says the Trump administration plans new restrictions on reverse mortgages. The Department of Housing and Urban Development says changes are needed to put ...

The primary requirements for a reverse mortgage include ... it's typically a good idea to consult a financial advisor or HUD-approved counselor to fully understand how a reverse mortgage fits ...