Government Shutdown Could Cost Reverse Mortgage Sector Billions
The Government Shutdown Halts Reverse Mortgage Funding Because Lenders Can’t Get FHA Endorsements President Trump’s government shutdown is approaching the two-week mark. It has now brought the reverse mortgage sector to screeching halt. The government shutdown has HUD is working with a skeleton crew. That means FHA cannot underwrite or endorse reverse mortgages or any FHA products. […]
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