E830: U.S. Senator sounds the alarm on skyrocketing flood insurance premiums

from Reverse Mortgage News by HECMWorld · host HECMWorld

[Housing Wire] Flood insurance premium hikes endanger one reverse mortgage couple and others. [Housing Wire] Ginnie Mae's new HECM mortgage-backed security product is on schedule for release this year with details coming this month. [CNN Finance] Zero-down mortgages are back! Here's what you need to know. Watch our video podcast here!

What this episode covers

EPISODE #830 Flood insurance may force reverse mortgage borrowers to give up their home [Housing Wire] U.S. Senator Bill Cassidy (R-LA) exposes how FEMA’s new flood rating methodology is putting one couple with a reverse mortgage at risk among others. [Listen for Details] Other Stories: [Housing Wire] Ginnie Mae says new HECM mortgage-backed security should be launched by year’s end with initial details coming this month. [CNN] Zero-down mortgages are back! Here’s what you need to know..

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E830: U.S. Senator sounds the alarm on skyrocketing flood insurance premiums

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This episode is 8 minutes long.

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This episode was published on June 10, 2024.

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