The Federal Housing Administration (FHA) insures the most common type of reverse mortgage, called a home equity conversion mortgage (HECM).

For information about such loans and other reverse-mortgage alternatives for low-income seniors, go to the HUD website. Downsizing. You can sell the old homestead, buy a more modest house or ...

The Federal Housing Administration (FHA) insures the most common type of reverse mortgage, known as a home equity conversion mortgage, or HECM.The insurance protects the lender in case the ...

In an interview with HousingWire’s Reverse Mortgage Daily (RMD) later that year, McCargo said she was hopeful that Congress would authorize greater budget authority to the company.

The home equity conversion mortgage (HECM) is a popular type of reverse mortgage that's backed by the FHA. Reverse mortgages let you take money out of your home and receive a monthly payment from ...

Reverse mortgages are a type of home loan available to homeowners age 62 and older. The Home Equity Conversion Mortgages (HECMs) program is administered by HUD (the Housing and Urban Development ...