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Our purpose is to help increase the understanding about the Department of Housing & Urban Development’s (HUD) created Home Equity Conversion Mortgage (HECM), more commonly referred to as a reverse mortgage and how: A HECM can be utilized to preserve savings and prolong income when used as a part of an overall retirement plan. How it might be applied to address some of the most common retirement related concerns of both those preparing for retirement as well as for those who are already retired.
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