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REVERSE MORTGAGE INFORMATION: Tools, News and Resources to Help Seniors Decide

2007 HECM Numbers

Written by admin on Wednesday, January 2nd, 2008 in Reverse Mortgage Summary Charts.

HUD has reported Home Equity Conversion Mortgage (HECM) endorsements for December 2007 and, as the chart below shows, growth continues to slow markedly from the first months of 2007.

HECM Reverse Mortgages December 2007

Key Points: (more…)