Lenders Seek QM Rule for Private Reverse Mortgages

The National Reverse Mortgage Lenders Association has asked a federal regulator to craft a ‘qualified mortgage’ rule specifically for private reverse mortgages.

Article source: http://www.nationalmortgagenews.com/dailybriefing/qualified-mortgage-QM-HECMs-HECM-reverse-mortgage-1030342-1.html

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