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FHA Updates Reverse Mortgage HERMIT Software to Improve HECM Termination Reporting - Reverse Mortga
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The Federal Housing Administration (FHA) announced on Wednesday that the Home Equity Reverse Mortgage Information Technology (HERMIT) system has received a second software update within the span of a single week, this time to the system's file format and layout. “Today, the Federal Housing Administration (FHA) announced updates to the Home Equity Reverse Mortgage Information …
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