Browsing Tag:Clarity

reverse-mortgage-commerce-affiliation-seeks-readability-on-new-nbs-guidelines
The National Reverse Mortgage Lenders Association (NRMLA) has sent the US Department of Housing and Urban Development (HUD) a letter expressly requesting the Department to update the home equity conversion mortgage (HECM) loan documents and security tool, to meet the requirements of Non-Borrowing Spouse Protection (NBS) recently announced in a Mortgage Letter (ML).In the comments submitted by the association,...
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