October Reverse mortgage reforms create stampede among would-be borrowers. HUD raising up-front fees for reverse mortgages starting October 2nd. A rules change that will raise fees and reduce loan amounts for reverse mortgages apparently has created a nationwide rush to get new loans completed before the reforms take effect Monday, October, 2. Agencies providing financial…

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Reverse Mortgage Change. Reverse Mortgage Change. Trump’s Reforms Unlikely to Bring Short-Term Reverse Mortgage Change. President Donald Trump’s long-predicted executive actions targeting the financial industry made a major news splash on Friday, but key players in the reverse mortgage space and beyond are still waiting to see how the president’s plans will affect lenders and…

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