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New Regulations Raise Questions About Reverse Mortgages and MMI Fund 

Sep 19, 2017By

When the Department of Housing and Urban Development announced lower principal limits and higher upfront mortgage insurance premiums for certain reverse mortgage borrowers, officials cited the health of the Mutual Mortgage Insurance Fund as the primary motivator. Without decisive action, HUD said, the Home Equity Conversion Mortgage program would likely need a bailout from Congress […]