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Reverse Mortgage Safeguards

🎞️ · 11.05.2023 · 22:55:08 ··· Donnerstag ⭐ 0 🎬 0 📺 Reverse Mortgage Group
🎬 · 11.05.2023 · 22:55:08 ··· Donnerstag
😎 · 03.07.2024 · 15:40:29 ··· MiTTwoch
In 2013, everything changed in the reverse mortgage industry. With the Reverse Mortgage Stabilization Act, the Feds implemented strict guidelines to protect borrowers. The act was created to provide safeguards for consumers, lenders, and the FHA which insures the loans.
Today’s reverse mortgage programs contain numerous safety features to ensure that seniors retain their rights as homeowners, and to reduce any risk to themselves, their homes, or their families.
Stay tuned for our upcoming ‘Safeguards’ series as we identify nine of the most significant protections that have been put in place for reverse mortgages.
#reversemortgagegroup #reversemortgage #homeloans #mortgage #mortgagetips #senior #protection #safeguards #FHA #homeowner #homeequity #cashout #wholesalelending #finance #safety #shorts

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