FHA takes steps to relieve balance sheet stress for reverse mortgage issuers

FHA takes steps to relieve balance sheet stress for reverse mortgage issuers
The Federal Housing Administration issued new guidelines Monday to ease documentation requirements for reverse mortgage issuers. With revised rules in place, FHA aims to address the rigorous reporting requirements that were gumming up the works, adding serious stress to the balance sheets for reverse mortgage issuers.
Source: https://www.housingwire.com/rss