EPISODE #821

Major Changes to HECM Applications: Feedback sought in Federal Register

[HUD/FHA]

HUD is seeking public feedback for planned changes to the loan origination documents for FHA-backed Home Equity Conversion Mortgages. [Listen for details] [Federal Register Post] 

Other Stories: 

• • [California Mortgage Relief] Time is running out for California reverse borrowers needing assistance with property charges.

    [HUD] HUD announces the sales of notes for vacant HECM properties where all borrowers have passed away. 

    HSomRSan Clev