Reverse mortgage professionals react to H4P rule changes
Reverse mortgage professionals and AARP offered responses to recent changes handed down by HUD to the HECM for Purchase program.
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Reverse mortgage professionals and AARP offered responses to recent changes handed down by HUD to the HECM for Purchase program.
Certain changes announced for the H4P program last year will not be implemented after public comments raised concerns, HUD and FHA said.
The final rule applies fiduciary status for investment sales, rollover recommendations and annuity sales.
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