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Because of losses that the Federal Housing Administration (FHA) estimates for the Home Equity Conversion Mortgage (HECM) program in 2019, FHA should release more loan-level data on the reverse program, as well as separate the HECM program from the forward mortgage program in the calculation of statutory minimum ratios. […]
Click here to view original web page at Urban Institute Makes Reverse Mortgage Suggestions Within 2019 FHA Trends