Merced Sun-Star |
Tighter Rules Will Make It Harder to Get a Reverse Mortgage
New York Times The spigot on reverse mortgages has been slowly tightened over the last several years. Borrowers can no longer tap as much of their home equity as they could before the housing crisis. Enlarge This Image … HUD tightens reverse mortgage rules in bid to shield seniors FHA cuts waiting time for foreclosed-on homeowners Dodd-Frank Rules Provide Limited Protection for Mortgage Investors |