Maryland reverse mortgage bill withdrawn following industry dialogue

A reverse mortgage-related bill that was introduced in the Maryland state Senate that would have put the onus on lenders to cover some extra expenses tied to the Home Equity Conversion Mortgage (HECM) origination process has been withdrawn by the sponsoring senator after conversations with reverse m

Columnist: Reverse mortgages have benefits that come with risks

A reverse mortgage could have benefits for a qualifying borrower, but anyone considering these loans should also be mindful of the potential risks. This is according to nationally syndicated personal finance columnist Liz Weston in one of her latest pieces.A reader who asked Weston to weigh in on th

HUD’s Innovative Housing Showcase is returning to DC in 2025

In conjunction with efforts to celebrate the 250th anniversary of U.S. independence next year, the Department of Housing and Urban Development (HUD) on Monday announced that its Innovative Housing Showcase event and expo will be returning to the National Mall in Washington, D.C., later this year.The