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Reverse Mortgage News Roundup

Shannon Hicks
This Week’s Top Reverse Mortgage Stories 1- CFPB Complaints on the Rise- The CFPB has been busy collecting consumer complaints. The Consumer Financial Protection Bureau reports an increase of 172% increase in reverse mortgage-related complaints since 2012. One could guess that much of this is due to increased consumer awareness of

Smart Planning with HECM60

Shannon Hicks
[ad#Network Funding] Set Yourself Apart as a Reverse Mortgage Planner [vimeo id=”75541779″ width=”625″ height=”352″] #1 Distribution limits. Your reverse mortgage borrowers with high existing mortgage balances will only be impacted by the lower Principal Limit Factors NOT the Distribution Limit. That’s right. HUD allows for those with mandatory obligations of

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