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Qualifications | 1st INTEGRITY MORTGAGE

Archive | Qualifications

More HECM changes on the way?

Last week Congress gave the FHA authority to stabilize the Home Equity Conversion Program (HECM). Since HECM’s make up the majority of reverse mortgages this is something we need to watch carefully. The exact implementation of this “stabilization” is not clear, but if it’s anything like the stabilization efforts on the forward mortgage side we […]

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