Tag: HECM
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HECM overhaul continues, curbing eviction follows
0 Likes Thank You! The Federal Housing Authority (FHA) will address the non-borrowing spouse dilemma in Home Equity Conversion Mortgage (HECM) following the suspension of fixed rate mortgage (FRM) for HECM Standard on April 1, 2013. According
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Five Ways to Boost Internet Reverse Mortgage Leads
0 Likes Thank You! Given the growing number of adults age 65 and older using the Internet and email more often than before, it is but high time for lead generators to boost Internet Home Equity Conversion
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Reverse Mortgage Counseling and Funding
0 Likes Thank You! Concerns about the counseling requirement for Home Equity Conversion Mortgage (HECM) are not about ineffectiveness, or it is being mandatory. Rather, they center on a subject that is believed to be vulnerable
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Foreclosures and Reverse Mortgage
0 Likes Thank You! Foreclosure is probably one of the few terms that made it among the household names after its increased rates in 2006-2007 that led to the economic crisis in 2008. While foreclosure rates
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A Closer Look at Reverse Mortgage Line of Credit
0 Likes Thank You! In two studies published this year, the Journal of Financial Planning highlighted the use of Home Equity Conversion Mortgage (HECM) popularly known asreverse mortgageline of credit to supplement retirement income. In Jack