Reverse Mortgage Changes – LIBOR vs. CMT

Reverse Mortgage Changes – LIBOR vs. CMT

If you have a Reverse Mortgage or are thinking of getting one then Reverse Mortgage Changes aresomething you keep an eye on. Every year around the end of September and again in December FHA/HUD likes to surprise the HECMReverse Mortgage industry with changes....
How do HECM Reverse Mortgages Work?

How do HECM Reverse Mortgages Work?

How Do HECM Reverse Mortgages Work? The Mechanics of how HECM Reverse Mortgages work is more simple than you’ve been led to believe. When you understand the truth about the HECM Reverse Mortgage it will seem a lot less scary. To help, let’s compare a Reverse Mortgage...