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Posts Tagged 'trump'

HUD Lowers Limits, Raise Costs Under Trump/Carson

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In our recent article dated July 26, 2017, we indicated that a new administration in Washington marks a time of uncertainty and uneasiness as people try to guess what the new policies will be.  The announcements made by HUD today answered some of those questions with regard to the Home Equity Conversion Mortgage program. Lenders had been hearing bits and...
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What the Trump Administration Means for Reverse Mortgages

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2020 Update: President Trumps’s FY2021 Budget Forecasts Strong HECM Performance The White House this week released a Fiscal Year 2021 proposed budget that predicted strong economic numbers for the Home Equity Conversion Mortgage program during the next federal fiscal year that begins on October 1, 2020. The budget projects the HECM program will operate at a credit subsidy level equal...
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