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FAR Enters Secondary Market for Inactive Reverse Mortgage Loans HW+

Dec 10, 2017By

Finance of America Reverse has issued a pool of securities associated with inactive Home Equity Conversion Mortgages — a strategy that could represent a solution to liquidity issues in the space. The pool consists of 2,078 inactive loans with a total balance of just under $420 million, according to an analysis from Moody’s Investors Service. The […]