Reverse Mortgage Regulations

The following section contains links to FHA mortgagee letters, the Code of Federal Regulations, and the HUD HECM Handbook, so that you are kept informed of the rules governing the HECM and Fannie Mae Home Keeper programs.


Federal Court Rules in NBS Cases September 9, 2014

The United States District Court for the District of Columbia issued a Memorandum Opinion on August 28, 2014 in the consolidated Bennett and Plunkett HECM non-borrower spouse (NBS) cases.

Texas HECM Update August 5, 2014

NRMLA and HUD are considering changes to Texas loan documents for use when a non-borrowing spouse is present.

HUD Issues Case Number Guidance For NBS Cases July 28, 2014

HUD published new guidance on the proper procedures for canceling and ordering new case numbers for clients who may benefit from new non-borrowing spouse policies and principal limit factors that take effect on August 4.



CFPB Updates Its Consumer Reverse Mortgage Guide September 26, 2014

The Consumer Financial Protection Bureau updated its reverse mortgage consumer guide to include information on initial disbursement limit restrictions and non-borrowing spouse protections.

CFPB Begins Expansion of HMDA Reporting February 18, 2014

The CFPB announced it was taking preliminary steps to expand the types of loan data that financial institutions must report under the Home Mortgage Disclosure Act.