Archives For: HECMs
Representative Waters Asks HUD for More Transparency for Non-Borrowing Spouses on HECMs
On May 28, DS News published an article discussing a letter written by U.S. Representative Maxine Waters (D-California) to Department of Housing and Urban Development (HUD) Secretary Julian Castro.
29 May 2015
FHA Publishes Responses to Comments on Rule Delaying Foreclosure on Non-Borrowing Spouses
On April 30, DS News published an article discussing the Federal Housing Administration’s (FHA) response in the Federal Register to comments pertaining to the Mortgagee Optional Election Assignment for certain Home Equity Conversion Mortgages (HECMs).
1 May 2015
Fannie Mae SVC-2013-26 Reverse Mortgage Loans
On December 18, Fannie Mae released Servicing Guide Announcement SVC-2013-26, subtitled Reverse Mortgage Loans.
19 Dec 2013