Relevant:
- Reverse Mortgage Applications Fall 38%, New FHA HECM Volume Projections
- HUD Lowers Principal Limit Factors for FHA Reverse Mortgage Program
- New Low Cost Reverse Mortgage Product Coming in October says HUD
- Financial Assessment for Reverse Mortgage Borrowers?
- FHA Raises Annual Premiums Charged to Reverse Mortgage Borrowers
2010-09-20 — reversemortgagedaily.com
"The run up in applications before the end of FHA’s fiscal year is normal and is likely to increase as reverse mortgage borrowers rush to complete the process before the Department of Housing and Urban Development lowers the principal limit factors in October."
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Comments:
catherine at 05:50 2010-09-21 said:
sadly this is THE ONLY WAY our seniors will ever see anything from their properties in their lifetimes...... Permalinkadd a comment | go to forum thread
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