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Loan Modification

: Mortgage Lender Implode-o-Meter

HECM Reverse Mortgage Counseling

By Implode-Explode Heavy Industries

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"HUD steps up its' efforts to protect prospective reverse mortgage borrowers from being pushed into reverse mortgage counseling before they are ready. Lenders can not assist borrowers in scheduling appointments or set the reverse mortgage counseling appointment on behalf of senior borrowers."

Full post as published by Mortgage Lender Implode-o-Meter on May 29, 2009 (boomark / email).

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