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.


HUD


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.


HUD Seeks Input on Fixed Rate Product Changes July 14, 2014

The U.S. Department of Housing and Urban Development published a notice in the Federal Register seeking public comments on the changes announced in Mortgagee Letter 2014–11.

 

Other


CFPB Seeks Input on Publishing Consumer Complaints July 25, 2014

The CFPB announced a proposed policy statement that would expand its current consumer complaint database to include consumers’ individual stories regarding their experiences with financial companies.


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.