HUD became involved in reverse equity mortgages in 1985 when the agency sponsored a conference
on home equity conversion.
Not exact matches
Just like any other mortgage, with a
home equity conversion mortgage, your name remains
on the title.
FHA reverse mortgages, also called
home equity conversion mortgages (HECM), provide homeowners 62 and over with a method for paying off existing mortgages and drawing
on remaining
home equity.
Reverse Mortgage Counseling We help to educate seniors
on the benefit, consequences, option and process of obtaining a
home equity conversion mortgage, and enable them to make a more educated decision about whether this type of loan is right for them.
ReverseVision, Inc. is the leading software and technology provider for the reverse mortgage industry, offering products and services focused exclusively
on the
home -
equity conversion mortgage (HECM) and related reverse mortgage programs.