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NCRC and AAG Announce Reverse Mortgage Fair Lending Collaboration

WASHINGTON, D.C. - April 29, 2014 - (RealEstateRama) -- Today, the National Community Reinvestment Coalition (NCRC) and American Advisors Group (AAG), the largest reverse mortgage lender in the country, announced a collaboration to focus on fair lending to older adults. NCRC will serve in an advisory role to assist AAG with providing Home Equity Conversion Mortgages (HECMs) to qualified borrowers age 62 and older.

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HUD - U.S. Department of Housing and Urban Development

HUD Awards $73 Million to Support Grantees with Vital Technical Assistance

Funding will provide technical assistance and capacity-building for HUD grantees, local governments, and community organizations nationwide. The U.S. Department of Housing and Urban