The Mortgage Professor: Curbing HUD losses on HECM reverse mortgages – Post-Bulletin


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The Mortgage Professor: Curbing HUD losses on HECM reverse mortgages
Post-Bulletin
Losses on transactions in which the loan balance at termination exceeds the net recoverable property value have been larger than the insurance premiums FHA collects from all HECM borrowers. According to news reports, FHA Commissioner Brian …



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