References in periodicals archive

Department of Housing and Urban Development (HUD), through the Federal Housing Administration (FHA) and its Home Equity Conversion Mortgage (HECM) program.

Properly assessing the reverse mortgage option: know the costs, benefits, and alternatives for this retirement funding tool

HOME EQUITY CONVERSION MORTGAGE SECURITIZATIONS 1 (2007).

Reverse mortgages: changes brought about by the Housing and Economic Recovery Act

While more than 90 percent of reverse mortgages are HUD-sponsored, Home Equity Conversion Mortgage (HECM) loans, some are not.

Going in reverse: in today's tumultuous economy, homeowners are taking a closer look at reverse mortgages to help meet the rising cost of remaining in their homes while enjoying life along the way

In the U.S., the most popular reverse mortgage is the federally insured reverse mortgage, called the FHA Home Equity Conversion Mortgage Program (HECM).

Exchanging equity for income: the reverse mortgage

The most popular type is the Home Equity Conversion Mortgage (HECM), which accounts for 90 percent of all reverse mortgages originated in the U.S.

The pros and cons of reverse mortgages: they provide supplemental income for seniors and are available in Alaska

In the US, one type of reverse mortgage, a home equity conversion mortgage, is insured by the federal government.

Behold the Gray Panthers: Japan's "new" seniors drive consumption. Here's how and why

Now NEA members and their families can apply for a reverse mortgage (an FHA Home Equity Conversion Mortgage), which is backed by HUD.

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Under its revised Home Equity Conversion Mortgage (HECM) initiative, HUD has committed to a four-year program that will funnel 25,000 reverse mortgages to homeowners at least 62 years old who own their homes and agree to meet with a counselor approved by HUD.

Reverse mortgages: coming of age

I've written, spoken and presented many times about the virtues of the Home Equity Conversion Mortgage. Otherwise known as a reverse mortgage, a loan designed for those 62 and older, it's something many people fear and appear to avoid like the plague.

Reverse mortgages benefit, not restrict, senior borrowers