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Reverse Mortgage

Latest Posts

HUD Defines New Type of Reverse Mortgage Non-Borrowing Spouse 

Jan 09, 2015By

The Department of Housing and Urban Development today provided more detail on the treatment of reverse mortgage non-borrowing spouses. The agency announced in 2014 that it would implement new protections for qualifying non-borrowing spouses, and the new guidance helps lenders define both eligible and ineligible non-borrowing spouses with respect to their ability to defer loan […]