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HUD Official Applauds Reverse Mortgage Industry for FHA’s ‘Solid’ Footing 

Nov 17, 2015By

The $7.9 billion climb in the economic value of the Federal Housing Administration’s (FHA) Home Equity Conversion Mortgage portfolio for Fiscal Year 2015 gave the reverse mortgage industry much to relish at this year’s annual gathering in San Francisco this week. Overall, the FHA’s Mutual Mortgage Insurance Fund grew $19 billion, effectively surpassing its mandated […]

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