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InfoBytes Recent News

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HUD Sets New Principal Limit Factors for Reverse Mortgages, HECMs

For a copy of Mortgagee Letter 2009-34, please click here.

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  • HUD Issues Rule That Will Increase Mortgagee Net Worth Requirement; Eliminate Loan Correspondent Approval Requirement
  • New York U.S. Attorney Creates Civil Frauds Unit
  • Federal Regulators Finalize Correspondent Concentration Risk Guidelines
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  A full listing of national & state bank regulatory agencies & industry groups.