Pacific Community Mortgage has released their Cash Plus™ jumbo reverse mortgage product which gives non-FHA approved lenders the ability to originate the product and receive the entire origination fee ...
Reverse mortgage lenders have been given a deadline extension when assigning Home Equity Conversion Mortgages (HECMs) to the Department of Housing and Urban Development, in turn granting eligible ...
Folks who have all their retirement money tied up in Ocwen shares hope that they don't go the way of Lehman Brothers, PNC, Countrywide, WAMU, and so on. But the shares did take a big hit after New ...
Overview On August 6, 2010, the Department of Housing and Urban Development (HUD) issued Mortgagee Letter 2010-23, which announced the FHA Short Refinance program. Available on September 7, 2010, the ...
The Federal Housing Administration (FHA) offers loans catered to many first-time home buyers, as well as families, students and younger professionals who may not always meet the stricter financial ...