Financial market turmoil & reverse mortgages – Answer by rainmand on Yedda - People. Sharing. Knowledge.

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Financial market turmoil & reverse mortgages

With all the turmoil in the financial markets, might we expect changes to reverse mortgages, and if so how?

Posted by Jeanoelle 1 year ago

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rainmand

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Reverse Mortgage Specialist

A:

With the declining market, HUD is talking about reducing the amount of equity that can be converted into cash, and also increasing the insurance premium.

Posted 4 months ago

In reply to Jeanoelle's question

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