Potential Predatory Mortgage Lending Practices Reduction Act Abusive practices in the mortgage lending market have led to legislation prohibiting such mistreatment. Predatory mortgage lending practices are mostly aimed at loan applicants who are likely to be less...
HECM – Home Equity Conversion Mortgage A reverse mortgage is an arrangement under which a homeowner may get a loan representing a percentage of home equity. The homeowner will not be required to make payments or repay the loan so long as she continues to reside...
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