Items Tagged with 'FEDERAL HOUSING ADMINISTRATION'

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  • Government shutdown halts reverse mortgage endorsements

    FHA's limited operations to impact HECM lending
    With the government shutdown approaching the two-week mark, reverse mortgage endorsements have ground to a halt. The FHA released a notice stating it will not be making insurance endorsements for HECM loans during the shutdown, and lenders with issues regarding the second-appraisal protocol will be out of luck.
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