Name: Home Equity Conversion Mortgage Insurance Demonstration: Interim Report to Congress
SKU: 59906953
Price: 37.95 EUR
Availability: InStock
Author: U. S. Dept of Housing and Urban Developm
ISBN: 9781288926510

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portada Home Equity Conversion Mortgage Insurance Demonstration: Interim Report to Congress

Home Equity Conversion Mortgage Insurance Demonstration: Interim Report to Congress

Type

Physical Book

Author

U. S. Dept of Housing and Urban Developm

Publisher

Bibliogov

Language

English

Pages

216

Format

Paperback

Dimensions

24.6x18.9x1.2 cm

Weight

0.39 kg.

ISBN13

9781288926510

Synopsis "Home Equity Conversion Mortgage Insurance Demonstration: Interim Report to Congress"

Reverse mortgages are intended to assist elderly homeowners who are "house-rich and cash-poor" to tap the equity in their homes without moving and selling. With a reverse mortgage, an elderly homeowner is able to receive payments from a Lender that do not have to be repaid until the homeowner chooses to move or dies. The lender is repaid from proceeds from the sale of the property, with any proceeds in excess of the amount needed to pay off the mortgage going to the borrower or the borrower's estate.

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Home Equity Conversion Mortgage Insurance Demonstration: Interim Report to Congress - U. S. Dept of Housing and Urban Developm

Synopsis "Home Equity Conversion Mortgage Insurance Demonstration: Interim Report to Congress"

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