“Necessary evil”

Tax And Insurance Default In The Reverse Mortgage Industry

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Tax And Insurance Default

The topic of Tax And Insurance Default is a hotly debated issue in the Reverse Mortgage Industry, but recently HUD issued a guidance letter that gives some direction to reverse mortgage lenders.

New Video: Industry Update #3

Reverse Mortgage Floor Change

Weekly video recap updating professionals on industry changes in the reverse mortgage marketplace. Return here each Friday for new videos.

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HUD Letter

New Change In The Floor
This week was a game changer in the reverse mortgage industry when HUD announced a new change in the floor. Watch the video for more.

Can HECM Regulators Act Unethically Toward the Reverse Mortgage Program?

Tell the woman who can no longer obtain a reverse mortgage because the program benefit cuts prevent her from getting rid of her conventional mortgage (she never could afford)-that Washington supports the program; Tell the man who desperately needs the reverse mortgage and yet was turned down because underwriting guidelines prefer that the properly executed power of attorney be called into question by an artificial standard-that Washington supports the program

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