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Real Estate: Tom Kelly
The Real Estate Adviser |
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May 7, 2009
The Real Estate Adviser: Reverse mortgages: New safeguards and lenders
By Tom Kelly
Special to the Journal
Special to the Journal
Washington state consumers will soon have more reverse mortgage safeguards in place and access to more reverse mortgage lenders.
Governor Chris Gregoire recently signed HB 1311, which provides a solution to a billed passed last year that inadvertently curtailed the number of lenders able to offer reverse mortgages. HB 1311 takes effect July 26.
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