News Sources wrote an interesting post today on
Here’s a quick excerpt
National Reverse Mortgage Lenders Association President, Peter Bell, testified before the Subcommittee on Housing and Community Opportunity yesterday and discussed the state of the Home Equity Conversion Mortgage (HECM) program. The session was meant to address the questions about the Federal Housing Administration’s future where FHA commissioner, David H. Stevens, assured lawmakers that his agency would not need a bailout and that it was managing its risks. “Let me simply state at the outs

Share and Enjoy:

Read the rest of this great post here

This entry was posted on Friday, October 9th, 2009 at 3:08 pm and is filed under Mortgage Loan News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.