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RMD Report: Reverse Mortgage Industry Sees Big Potential in New Condo Rule 

Aug 21, 2019By

The Department of Housing and Urban Development (HUD) announced earlier this month a new process for condominium approvals, effective October 15, which will expand FHA financing for qualified first time homebuyers as well as seniors looking to age in place, allowing those seniors to engage in reverse mortgage loans for single condominium units. While HUD […]