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Compilation of the Highlights of 2014
During the past year the reverse mortgage industry has experienced drastic change. Our top stories for 2014 highlight the addition of new HECM Products, the Extreme Summit, the revised Principal Limit Factor tables and the inclusion of non-borrowing spouses, the HECM Financial Assessment, the impacts of double digit interest rates, and how a reverse mortgage fits into modern retirement planning.
If you would like to report any breaking news or ideas for future episodes please email Shannon Hicks at shannon@reversefocus.com.
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1 Comment
Interesting compilation.
I still wonder what Jack means when he talks about a lock. Is he referring to the interest rate on the note or the expected interest rate?
Have a great New Year’s!!