https://www.taxtmi.com/acts?id=8956 Approved lending institutions may disburse reverse mortgage loans by periodic payments agreed with the reverse mortgagor, by lump sum tranches subject to a statutory aggregate cap, or by transferring loan proceeds, in part or whole, to an annuity sourcing institution for the provision of periodic annuity payments to the reverse mortgagor. en-us Fri, 03 Oct 2008 14:31:26 +0530 Sun, 13 Oct 2013 16:11:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=8956 Approved lending institutions may disburse reverse mortgage loans by periodic payments agreed with the reverse mortgagor, by lump sum tranches subject to a statutory aggregate cap, or by transferring loan proceeds, in part or whole, to an annuity sourcing institution for the provision of periodic annuity payments to the reverse mortgagor. Act-Rules Direct Taxes Fri, 03 Oct 2008 14:31:26 +0530 https://www.taxtmi.com/acts?id=8956