Angella Conrard's (aconrard) Blog

The U.S. House of Representatives passed a comprehensive housing package comprised of two separate bills the House bill is H.R. 3221. Several other pending bills, including FHA Modernization language were included into H.R. 3221. HECM amendments in the FHA Modernization section of H.R. 3221 inclu...

Today, HUD announced counseling agencies to charge seniors a fee for counseling services. HUD indicated charges should not be in excess of $125. The counseling can be paid by the senior, by the lender or can be paid out of the loan proceeds by being listed on the HUD settlement statement. Lenders...

As a reverse mortgage advisor I am often brought in to consult with homeowners who are in need of income for basics such as daily living expenses, fuel and medical care. When working with homeowners who are in this position, it is not unusual that their homes have deferred maintenance. Anyone who...