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Bank Exits Fail to Shake HUD’s Support for HECM Program, Official Says 

Sep 06, 2011By

Despite major exits by large reverse mortgage lenders, the Department of Housing and Urban Development believes it is important that the HECM program remain a viable option for seniors, Karin Hill, director of the Office of Single Family Program Development at HUD, told RMD. “The department believes that this is a really important financial option […]