Easier FHA Condo Rules Would Improve Seniors’ Reverse Mortgage Access

There has been a lot of chatter in recent weeks on Capitol Hill from lawmakers and housing groups pressing the Federal Housing Administration (FHA) to ease its regulations on condominium financing. But while easier FHA condo rules would improve seniors’ access to FHA-insured Home Equity Conversion Mortgages (HECMs), reverse mortgage industry members are skeptical whether meaningful change will actually come.    Read the article……………


Related Articles

The lesson of Florida v. Zimmerman

The much discussed murder trial in Sanford, Fla., which came to a conclusion earlier this month will be cited as

Passions high when strata owners start shooting

Details are still to emerge of the strata dispute that led to the shooting at an executive committee meeting in

Aspen’s (CO) government housing projects are falling down

The maintenance that the other 78 percent is supposed to pay for is simply left undone.