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Hong Kong Mortgage Corporation

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Hong Kong Changes Reverse Mortgage Rules Allowing Seniors to Lease and Relocate 

Mar 31, 2019By

The government-owned Hong Kong Mortgage Corporation (HKMC) has introduced a rule which will allow reverse mortgage borrowers to lease the properties they’ve taken out a loan against, which could potentially make it easier for them to relocate to a less expensive area of the Chinese territory. This is according to a story in the South […]