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HUD announces changes to reverse mortgage program to lower taxpayer risk 

Aug 29, 2017By

The Department of Housing and Urban Development is finally changing the requirements around its reverse mortgage program, announcing plans on Tuesday to raise premiums and place tighter loan limits. The Trump administration is making the changes to put the program, which is backstopped by taxpayers, on stronger financial footing.

3d rendering of a row of luxury townhouses along a street

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