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Home » Store » News » Concerns Raised About FHA Reverse Mortgage Program in Declining Market

Concerns Raised About FHA Reverse Mortgage Program in Declining Market

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Although the government’s FHA-insured reverse mortgage program hasn’t seen the kind of explosive growth that the main FHA product has enjoyed over the last year, it is drawing increased scrutiny over the potential for fraud, consumer abuse and credit losses that will have to be repaid by taxpayers. Originations of FHA home-equity conversion mortgages... [Includes one graph]
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