HousingWire

NRMLA urges HUD to loosen FHA property rules

NRMLA urges HUD to revise FHA property rules, citing shared wells, repair checks and second appraisals that raise HECM costs.
HousingWire

Report suggests key HECM field office at HUD could be shut down

As the Trump administration continues to impose cuts to staff and offices across the federal government, the Federal Housing Administration (FHA)’s Home Equity Conversion Mortgage (HECM) program — ...
JD Supra

HUD Revises the HECM Program in Response to Changing Market Conditions

John Mostellar III, James Wright Jr. Last week, the Department of Housing and Urban Development (HUD) revised multiple regulations and requirements related to servicing Home Equity Conversion ...
JD Supra

HUD Seeks Comment on Proposed Notice to Change HECM for Purchase Program to Expand Funding Sources and Interested Party Contributions

The HECM for Purchase program allows mortgagees to originate HECM for Purchase transactions to purchase a 1-to-4 family dwelling unit, one unit of which will serve as the borrower’s principal ...
The National Law Review

FHA Amends HECM Assignment Claim Type 22 Submission Requirements

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...
The National Law Review

HUD Revises the HECM Program in Response to Changing Market Conditions

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...