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Private Reverse Mortgage Securitization Pays off, Signaling Stability 

Feb 11, 2014By

The second reverse mortgage securitization in U.S. history has paid off after withstanding for several years the housing downturn and economic crisis, reports New View Advisors in its most recent commentary.  Comprising proprietary “jumbo” reverse mortgages, Structured Asset Securities Corporation Reverse Mortgage Loan Trust Series 2002-RMI, known as “SASCO 2002-RM1,” is the first securitization trust […]