HECM Changes Survey

Do you anticipate more HECM changes?

Now is the time we typically see HUD announce program and policy changes for the reverse mortgage. What do you expect?

Yes

Principal Limit Factor reduction

Reducing the interest rate 'floor' below the current 3% floor

Enacting regional principal limit factors based on historical appreciation rates

Increases in ongoing FHA mortgage insurance premiums

Additional HECM counseling requirements

Restricting the growth of the 'line of credit'

Restricting withdrawals from the 'line of credit'

Other (please specify)