Archives For: HECM
FHA: HECM Reasonable Diligence Timeframe Extensions
On April 30, the Federal Housing Administration (FHA) issued a memo announcing the immediate rescinding of Mortgage Letter 2015-03 (option of delayed foreclosure proceedings for non-borrowing spouses.)
5 May 2015
FHA Announces Reverse Mortgage Foreclosure Alternative
On March 16, DS News released an article titled Consumer Advocates Concerned Over Non-Borrowing Spouses Facing Foreclosure.
19 Mar 2015
FHA Update: HECM Reasonable Diligence Timeframe Extensions
On June 16, the Federal Housing Agency (FHA) released a clarification to HECM Reasonable Diligence Timeframe Extensions.
17 Jun 2014
HUD ML 2014-03 Electronic Signatures
On January 30, the U.S. Department of Housing and Urban Development (HUD) issued Mortgagee Letter 2014-03, regarding the acceptance of electronic signatures.
4 Feb 2014