The changes are intended to reduce risks associated with reverse mortgage programs.
Estimated reading time: 0 minutes, 18 seconds
New Regs May Diminish Reverse Mortgage Appeal
The Department of Housing and Urban Development has changed principal limits and increased insurance premiums for backers of reverse mortgages, which could increase the costs associated with the program and make the financial tools less appealing. So reports Nerd Eye’s View.
Most Read
-
-
Feb 21 2011
-
Written by Administrator
Add us to your Safe Sender list: We want to…
-
-
-
Nov 07 2012
-
Written by Administrator
Progressive Media Group Subscription Agreement This agreement states the general…
-
-
-
Mar 09 2013
-
Written by Staff Writer
While market bulls are understandably cheering the ongoing equity rally…
-
-
-
Nov 07 2012
-
Written by Administrator
Welcome We’re glad you chose to visit a Progressive Media…
-