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EPISODE #825

HUD pulls back some allowable HECM for Purchase contributions

[RMD/Housing Wire]

After input from interested parties in the Federal Register HUD has decided to pull back on one type of sale contribution… [Listen for details]

Other Stories: 

• • [Belleville News-Democrat] A vacant duplex is deteriorating for five years after the HECM borrower died.

    [Finance Buzz] Home insurance forcing many older Florida residents to sell, or give up coverage.

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    RMD