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Legislation

Latest Posts

NRMLA Proposes New FHA Approval for HECM Mortgagees 

Jan 06, 2010By

The National Reverse Mortgage Lenders Association is proposing that the US Department of Housing and Urban Development create a separate category for smaller mortgagees, whose principal activity is the origination of reverse mortgages. The request comes after HUD’s proposed rule to raise net worth requirements and eliminate the approval of FHA loan correspondents. The trade […]