Chart 1 applies to a retiree of 65 who owns a $500,000 house but no financial assets. He draws a HECM credit line and uses a portion of it to purchase an annuity on which payments will begin after ...

HUD dollars granted to cities for affordable housing programs can differ in the way they are utilized. To stream WGRZ on your phone, you need the WGRZ app. Download the WGRZ app ...

The Federal Housing Administration (FHA) is proposing to reduce mortgage insurance premium (MIP) rates to 25 basis points for ...

The Department of Housing and Urban Development (HUD) has announced changed to its Home Equity Conversion Mortgage (HECM) program. In a statement issued by HUD, the department noted that the initial ...

President Donald Trump proposed his budget for the 2018 fiscal year which would include a $6.2 billion cut to the U.S. Department of Housing and Urban Development.. This cut represents an annual ...