Explore the nuances of Home Equity Conversion Mortgages (HECM), including how they work, eligibility requirements, and differences from standard reverse mortgages.
Explore the key components, effects, and legislative background of the Housing and Economic Recovery Act (HERA) of 2008, designed to address the subprime mortgage crisis.
Explore the history and impact of the National Housing Act of 1934, its role in promoting homeownership, creating the FHA, and its lasting effects on the housing market.
Explore the role and benefits of the Federal Housing Administration (FHA), including its insurance programs for homeowners, historical context, and the impact on the US housing market.