E825: HUD curtails some planned HECM for Purchase concessions

from Reverse Mortgage News by HECMWorld · host HECMWorld

[RMD-Housing Wire] HUD pulls back some planned HECM for Purchase contributions. [Belleville News-Democrat] A vacant duplex has been deteriorating for five years after the HECM borrower died. [Finance Buzz] Home insurance forcing many older Florida residents to sell, or give up coverage. Watch our video podcast here!

What this episode covers

EPISODE #825 HUD pulls back some allowable HECM for Purchase contributions [RMD/Housing Wire] After input from interested parties in the Federal Register HUD has decided to pull back on one type of sale contribution… [Listen for details] Other Stories: [Belleville News-Democrat] A vacant duplex has been deteriorating for five years after the HECM borrower died. [Finance Buzz] Home insurance forcing many older Florida residents to sell, or give up coverage.

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E825: HUD curtails some planned HECM for Purchase concessions

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This episode was published on May 6, 2024.

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