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Reverse Mortgage Borrowers Face New Financial Test – In recent years, the federal government, which backs reverse mortgages, has ended up with about 10% of loans going into default as a result of unpaid taxes and insurance. A reverse mortgage allows.

Jessica Cisneros on challenging South Texas incumbent: ‘There’s a.

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Late home loan rate inches up in Texas – Home loan delinquencies rose to 8.75 percent at the end of September from 8.43 percent at midyear, the Mortgage Bankers Association reported Thursday. More than 270,000 Texas homeowners were behind on.