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Lenders Adapt Approach to “New” Reverse Mortgage Borrower HW+

Feb 12, 2017By

Today’s reverse mortgage borrower is decidedly different from years past. Recent changes to the HECM program now require that prospective borrowers undergo a financial assessment, effectively retooling the program for the more financially savvy. Now, originators are working with a new type of borrower, one who is considering a HECM as part of their overall […]