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Home » HUD Implements New HECM Requirements
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HUD Implements New HECM Requirements

September 19, 2008
The Department of Housing and Urban Development this week implemented new restrictions on an FHA home-equity conversion mortgage program that is holding its own in a mortgage market that has seen an eruption in FHA lending. HUD is working to implement new requirements included in the 2008 housing act designed to protect seniors from coercive... [Includes one chart and one graph]
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