-
Reverse Mortgage Post Closing Activities
Alan Carlow -
The 2010 July/August Issue is now available online!
July/August 2010 -
Surviving in the Reverse Mortgage Industry
Todd Walters -
Creating an Endless Resource of Referrals
Sam Collins -
Reverse Mortgages: A Compelling Product For Forward Originators Seeking New Business
Robert D. Yeary -
Reverse Mortgage Post Closing Activities
Alan Carlow -
The 2010 July/August Issue is now available online!
July/August 2010
NHB Plans to Request Tax Stop on Reverse Mortgages
Tuesday, 16 March 2010 15:42
The National Housing Bank (NHB) is planning to request that the finance ministry exempt reverse mortgage enabled annuity schemes (RMLEA) from income tax. Additionally, the bank has requested that state governments’ guaranteed insurance schemes to expand RMLEA to those who are entering government housing projects.
NHB chairman S Sridhar feels that RMLEA, which was implemented in December 2009 is a much improved version of the old scheme, which debuted in 2007.













