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AARP Blog: Reverse Mortgage Changes Now An Emergency Response? 

Apr 25, 2013By

With changes to the Federal Housing Administration’s (FHA) reverse mortgage program already underway and more to come, some question whether the agency’s sweeping changes are an emergency measure or an excuse. The 10% technical default rate resulting from borrower’s non-payment of property taxes and howeowner’s insurance is unsustainable, according to a blog post from AARP. […]