QuantumReverse
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Reverse Mortgage Lenders, Servicers and Software Providers Prepare for Rate Index Shift
Oct 07, 2020As the timeline for the London Interbank Offered Rate (LIBOR) index’s service as the basis for adjustable-rate reverse mortgages has been considerably shortened after a decision last month by the Government National Mortgage Association (GNMA, or “Ginnie Mae”), the reverse mortgage industry has found itself needing to quickly adapt to the adoption of a new […]