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FHA Asks Treasury for $1.7 Billion Bailout
Sep 27, 2013The Federal Housing Administration has officially requested a $1.7 billion taxpayer-funded bailout from the U.S. Treasury—the first in its nearly 80-year history. While the agency says its current books are cash flow positive, the bailout is required to address past losses. “Losses from the 2007 to 2009 legacy books and Home Equity Conversion Mortgage program […]
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Friday Round-Up: HUD Clarifies Reverse Mortgage Rules
Sep 27, 2013 -
Nationwide Equities Targets Reverse Mortgage Growth, Hires Horton
Sep 26, 2013 -
Forbes: Reverse Mortgages Can Help in Divorce
Sep 26, 2013 -
RMS Co-Founder Launches New Efforts In Cancer Awareness Campaign
Sep 26, 2013 -
Millions of Boomers Look Abroad for More Affordable Retirement Options
Sep 26, 2013 -
Reverse Mortgage Jobs for Originators, Consultants & More—Apply Today
Sep 26, 2013 -
HUD Issues Clarifications to New Reverse Mortgage Rules
Sep 25, 2013 -
CFPB Creates “Quick Reference” for Upcoming Mortgage Rules
Sep 25, 2013 -
HUD Reminds Lenders of Reverse Mortgage Changes, Software Updates
Sep 25, 2013