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HUD Counseling Funding Restored

Written by Clay on . Posted in HARP

Good News! Funding for the required HECM (Home Equity Conversion Mortgage) Counseling has been restored. Those considering a reverse mortgage can now receive HUD counseling at no charge. This reverses a decision made last June when this critical funding was cut in a last minute budget compromise. Reverse Mortgage Daily: President Obama Signs Spending Bill, HUD Housing Counseling Funding Restored Through 2012

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