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Podcast E638: Time to Move Out of MMI Fund

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New FHA Commissioner calls  to remove HECM from FHA MMI Fund

The HECM likely needs to be removed from FHA’s Mutual Mortgage Insurance Fund to stop traditional mortgage borrowers from subsidizing losses.

Other Stories:

  • The DOJ files complaint against lender for decade-old HECMS

  • New waivers give non-borrowing-spouses a reprieve 

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