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Posts Tagged 'reverse mortgage non recourse'
What is a Non-Recourse Reverse Mortgage? The Non-Recourse feature of the Reverse Mortgage product is something that is often misunderstood by the general public and has been the topic of a recent lawsuit between AARP and HUD over the interpretation and implementation of it. Simply, Non-Recourse reverse mortgage means that a borrower can never owe more than their home is...
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