Real Estate Law

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Jason A. Frank on Reverse Mortgages and Changes to the HECM Program
Posted on 2 Dec 2014 by LexisNexis Legal Newsroom Staff

B y Jason A. Frank A Home Equity Conversion Mortgage (HECM) is a federally insured reverse mortgage guaranteed by the FHA, a part of the U.S. Department of Housing and Urban Development (HUD). Due to substantial stress in the HECM program, the Reverse... Read More