News

The OIG recommended that HUD “implement controls to prevent or mitigate instances of borrowers violating HECM program residency requirements by concurrently participating in the Voucher program,” ...
The provisions of the Mortgagee Letter apply to all FHA Title II Single Family forward and Home Equity Conversion Mortgage (i.e., reverse mortgage ... must follow FHA guidelines for loans to ...
among other requirements that depend on the lender and loan type. Attend a mandatory counseling session. Before you can apply, you’re required to meet with a HUD-approved reverse mortgage ...
In January 2025 the U.S. Department of Housing and Urban Development (HUD) issued Mortgagee Letter 2025-06 revising servicing and claims ...