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Home » Store » News » New HECM Counseling Roster Rules Finalized

New HECM Counseling Roster Rules Finalized

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The Department of Housing and Urban Development last week finalized regulations establishing testing standards for counselors participating in the Home Equity Conversion Mortgage Program. The final rule also establishes a HECM counseling roster of eligible HECM counselors. “This rule is intended to contribute to improving the quality of HECM counseling, which enables elderly homeowners to make more informed...
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