Ohio State University Paper – How They Would Change Or Improve HECM program
A new research paper was released in October from two Ohio State University professors discussing how they would change/improve the Home Equity Conversion Mortgage program. These include "streamlining product offering to make them more appealing to specific consumer segments, using risk based pricing to help processing the file and preventative servicing". These are not policy proposals, just items for discussion. That's what Bruce is doing on today's show...discussing them.