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Generation Mortgage

Latest Posts

Reverse mortgage cross-selling cry: Set us free! 

Mar 16, 2010By

Reverse mortgage originators, especially those with ancillary life and long-term care insurance offerings, are chafing at what they regard as “vague” rules governing product cross-selling. Last year, sweeping legislation enacted by Congress – the Housing and Economic Recovery Act (HERA) – held that “neither mortgagees nor any other party may require mortgagors to purchase insurance, […]