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How a D.C.-based reverse mortgage assistance program was revived

At the end of August, the District of Columbia Housing Finance Agency (DCHFA) announced that it had relaunched its Reverse Mortgage Insurance & Tax Payment Program (ReMIT), which originally began in 2019 and expanded in 2020 before being halted at the end of 2021.

Tikisha Wilson, director of single-family programs at DCHFA, sat down with HousingWire’s Reverse Mortgage Daily (RMD) to offer details about the program’s revival, what made it possible and the kind of assistance it seeks to provide to reverse mortgage borrowers residing within the nation’s capital.

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