New Reverse Mortgage Rules 2024. Department of housing and urban development (hud) and the federal housing administration (fha) made a series of new housing program. According to a report from.
Department of housing and urban development (hud) and the federal housing administration (fha) made a series of new housing program. These loans allow homeowners aged 62 and older to convert a portion of their home equity into cash, providing a valuable source of income in retirement.