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Home » Store » News » Congress Close to Passing HECM Overhaul

Congress Close to Passing HECM Overhaul

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An update to the Department of Housing and Urban Development’s reverse mortgage program is imminent after numerous delays. The House this week approved comprehensive housing legislation which includes an update of the home-equity conversion mortgage program. The House approved H.R. 3221, “The Housing & Economic Recovery Act,” by...
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