Why doesn’t the federal government promote the Home Equity Conversion Mortgage”? Since the program was created partly to help reduce dependence on assistance programs like Medicaid shouldn’t they promote this FHA-insured loan more aggressively?
Continue readingGinnie Mae’s New HECM Security to Ease Liquidity Strains
Innovation continues despite an uncertain housing and real estate market. One such product could be seen as a reverse mortgage in your pocket
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