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[Updated] HUD Expands Options for Reverse Mortgage Non-Borrowing Spouses 

Jun 12, 2015By

Non-borrowing spouses of reverse mortgage borrowers will now have expanded opportunities to remain in their homes under newly revised guidelines released today by the Federal Housing Administration (FHA). Last year, the FHA amended its Home Equity Conversion Mortgage (HECM) policies to allow lenders to defer foreclosure for certain eligible non-borrowing spouses for HECM case numbers […]

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