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Jack Guttentag Phd: Curbing Hud Losses On Hecm Reverse Mortgages | AutoTraffic

JACK GUTTENTAG, PHD.: Curbing HUD losses on HECM reverse mortgages

The HECM reverse mortgage program has been bleeding red ink. Losses on transactions in which the loan balance at termination exceeds the net recoverable property value have been larger than the insura... read more

The Mortgage Professor: Should Government Support HECMs?

The private programs that existed prior to the financial crisis were, indeed, modeled after the HECM ... to curb transactions that pose excessive risk. On July 30, the Senate passed The Reverse Mortga... read more
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