Press Release
New HUD Rule Allows Reverse Mortgages For Home Purchase
Annapolis, MD — (SBWIRE) — 12/15/2008 — Reverse mortgages have been available for more than two decades for senior homeowners that have significant amount of equity in their homes and want to tap it. With recent HECM guideline changes, the HUD is backing a program to help older homeowners purchase a home with the increasingly [...]