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Australians are flocking to reverse mortgages

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EPISODE #799

FHA consolidates HECM guidance in an updated handbook

[The Mortgage Report]

After two years of engagement and feedback from HECM lenders, servicers, consumer advocates, and other housing industry participants the Federal Housing Administration (FHA) released its updated handbook which consolidates HECM policies.

Other Stories:

  • [The Sydney Morning Herald] Australians are flocking to the reverse mortgage. program. Why not here in the U.S.?
  • [CNBC] Why planning to work longer is a bad retirement plan.

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