Reverse Mortgage Changes 2017

2017!

Does that sound as odd to you as it does to me?  Seems like it was only yesterday that HUD finally lifted the county by county limits on the HECM program and we went to a national limit of $417,000 that was raised just a year later to $625,500 and just stayed there but that was actually 2008/2009.

Just last week when we were worrying about the Y2K bug, when all the computers were supposed to go haywire in the year 2000.  And just a year or two ago when I still had brown hair but I digress and I am not divulging how long ago that was!  ;>) [Read more…]