For the second time in a year, the Department of Housing and Urban Development this fall will reduce the amount of money borrowers can receive from FHA home equity conversion mortgages and raise the annual insurance premium on these loans. HUD officials said beginning Oct. 4, the principal limits for HECM loans will decrease... [Includes one graph]
Is Onity Group eyeing a sale? Perhaps. And why not? Servicing values are approaching a 25-year high.
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