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Breaking the Logjam on HECM Reverse Mortgages (Pt. I)

Jack M. Guttentag | Posted 03.24.2014 | Fifty
Jack M. Guttentag

People reaching retirement age are living longer than ever, and retiring with less capacity to maintain their living standards. With good reason, this situation has been termed a "retirement funds crisis."

The HECM Reverse Mortgage Program Gets a Makeover

Jack M. Guttentag | Posted 01.25.2014 | Business
Jack M. Guttentag

Last month, FHA announced a series of sweeping changes in the HECM reverse mortgage program, most of which have already taken effect. The changes are a response to increasing losses suffered by FHA in connection with the extensive misuse of the program.