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Mortgage Professor: Reverse Mortgage Misuse Protections Have Resulted in ‘Disaster’ 

Apr 27, 2020By

The various rules that the Federal Housing Administration (FHA) has put into place in the Home Equity Conversion Mortgage (HECM) program have been very problematic, resulting in HECM reverse mortgages serving primarily as a standalone financial product as opposed to a single component of a larger retirement plan. This is according to Jack Guttentag, aka […]