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Originating: Doing the Right Thing, One HECM at a Time 

Jul 16, 2013By

Ten years ago, I went to my first NRMLA meeting. At the conference, I met a number of folks in the industry who had weathered the early adoption of the product. I could tell by talking to the attendees that there was a great deal of care in the room for the general plight of the reverse mortgage borrower. The stories about how borrowers’ lives were positively changed and improved were numerous. At that time, there was really only one product available: the FHA adjustable-rate reverse mortgage. It came in two flavors, monthly adjustable or annual adjustable. There was a

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