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Federal Housing Administration

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FHA Commissioner: HECM Program Improving, Still Needs ‘Structural’ Change 

Nov 19, 2019By

The Federal Housing Administration (FHA) is encouraged by the increasing health of the Home Equity Conversion Mortgage (HECM) program inside the Mutual Mortgage Insurance Fund (MMIF) as revealed by the department’s annual report to Congress last week, but must continue to address  remaining deficiencies in it after a series of major changes in 2017 and […]