Archive | September 30th, 2015

Understanding reverse mortgages: beware of misleading ads – Sierra Star

September 30, 2015

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Bloomberg View
Understanding reverse mortgages: beware of misleading ads
Sierra Star
Around 95% of all reverse mortgages offered today are Home Equity Conversion Mortgages (HECM), which are FHA insured and offered through private mortgage lenders and banks. HECM’s also have home value limits that vary by county, but cannot …
Crocodile Tears From Mortgage Lenders Bloomberg View

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