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Urban Institute on HECM Program Health, MMI Fund, Second Appraisals and More HW+

Jan 31, 2019By

The Home Equity Conversion Mortgage (HECM) program has been experiencing difficulties in securing greater volume over the past year, particularly since changes were made to principal limit factors (PLFs) and insurance structure (MIP) in October of 2017. HECM program observers and proponents have sometimes argued that separation of the forward and reverse mortgage programs under […]