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Financial Assessment for Reverse Mortgage Borrowers? 

Mar 29, 2010By

“It’s coming,” said Joe Demarkey, Assistant Vice President of Strategic Business Development for MetLife in response to a question about whether the US Department of Housing and Urban Development (HUD) would start requiring lenders perform a credit underwrite for reverse mortgage borrowers. The first step towards a type of underwrite will be through new HECM […]