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#1912135 - 04/07/14 01:13 PM HECM Bond
palmertown Offline
Member
Joined: Nov 2004
Posts: 65
Pennsylvania
Does anyone know if Home Equity Conversion Mortgage (HECM)bonds would be considered an appropriate CRA investment?

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CRA
#1912148 - 04/07/14 01:28 PM Re: HECM Bond palmertown
Kathleen O. Blanchard Offline

10K Club
Kathleen O. Blanchard
Joined: Dec 2000
Posts: 21,293
You would have to determine how it meets community development purposes in order to make that determination.
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Kathleen O. Blanchard, CRCM "Kaybee"
HMDA/CRA Training/Consulting/Mapping
The HMDA Academy
www.kaybeescomplianceinsights.com

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