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REVIEW PERIOD: December 30, 2021, January 19, 2022, TO:All Interested PartiesFROM:Department of Environmental ServicesSUBJECT:REQUEST FOR REVIEW OF THE INITIAL STUDY AND MITIGATED NEGATIVE DECLARATION
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The reverse mortgage handbook review is a comprehensive analysis of the guidelines, regulations, and procedures related to reverse mortgages.
Lenders, brokers, and other professionals in the reverse mortgage industry are required to review this handbook.
To fill out the reverse mortgage handbook review, individuals must carefully read through the guidelines and regulations outlined in the handbook and ensure that their practices align with these standards.
The purpose of the reverse mortgage handbook review is to ensure that industry professionals are aware of and compliant with the latest rules and regulations regarding reverse mortgages.
The handbook review requires individuals to report on their understanding of the guidelines, any changes they have implemented in their practices, and any areas where they may need further education or training.
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