On October 4, 2013, nonprofit CCCS of MD and DE was honored for its 20+ year partnership with the Maryland Council on Economic Education. The agencies have worked together to financially educate thousands of Marylanders during that time.
Consumers who receive effective housing education are less likely to default on their mortgages once they own homes. CCCS of MD & DE now offers an online course to help people make informed decisions and avoid pitfalls during purchase and beyond.
Carmen Jones-Burke and Ponciano Allen, housing counselors at national nonprofit CCCS of MD & DE, discuss why the upcoming HECM regulations were adopted, what they involve, and how they will help affect seniors and HUD’s reverse mortgage loan program.