HECM program study assesses policy impacts of recent years
Housing Wire
MAY 16, 2024
assessed three separate elements of the HECM program’s effectiveness from 2000 to 2020 — including borrower impacts, financial impacts and policy impacts. In its executive summary, the report found that the HECM program grew “substantially” during the 2000s and reached its height of 114,000 originations in 2009. per square foot, or 3.5
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