FHA Changes Will Force Reverse Mortgage Industry to Adapt – Speaking at the Texas Mortgage Bankers Association’s Reverse Mortgage event in Austin, Tx., Peter Bell, the president of the National Reverse Mortgage Lenders Association said. and the industry.
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Federal mortgage insurer FHA under fire – “The FHA is flat broke, and I fear soon that FHA will prove to be bailout broke,” said Republican Rep. Jeb Hensarling of Texas, chairman of the House. recent report that showed exposure to troubled.
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