http://www.bestreversemortgage.com/reverse-mortgage/hud-to-lenders-okay-to-pay-hecm-counselors/ The Unofficial Guide to Reverse Mortgages Fri, 4 Jul 2008 03:43:28 +0000 http://wordpress.org/?v=2.0.5 http://www.bestreversemortgage.com/reverse-mortgage/hud-to-lenders-okay-to-pay-hecm-counselors/#comment-2443 Wed, 06 Feb 2008 19:04:27 +0000 http://www.bestreversemortgage.com/reverse-mortgage/hud-to-lenders-okay-to-pay-hecm-counselors/#comment-2443 [...] That said, there plainly needs to be better oversight with regard to sales practices, related sales and counseling. The idea that lenders can pay for counseling is an obvious and overt conflict. Or, as Kiplinger gently puts it, “sometimes counseling is paid for by the lender, raising questions about impartiality.” [...] […] That said, there plainly needs to be better oversight with regard to sales practices, related sales and counseling. The idea that lenders can pay for counseling is an obvious and overt conflict. Or, as Kiplinger gently puts it, “sometimes counseling is paid for by the lender, raising questions about impartiality.” […]

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