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Reverse Mortgage

Latest Posts

Improved ‘HECM 3.0’ Reverse Mortgage Offers Attractive Value to Banks 

Oct 13, 2015By

Home Equity Conversion Mortgages (HECMs) have evolved over the years to become safer reverse mortgages for borrowers and investors. And the product’s most recent transformation offers a “very attractive” value to banks, according to Barclays (NYSE: BCS). The HECM program has undergone a number of significant changes since its inception in the late 1980s, however, […]