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 Delays Financial Assessment February 17, 2015

The U.S. Department of Housing and Urban Development has pushed back the effective date for implementing financial assessment.


Updated Loan Documents Now Available February 17, 2015

FHA has released new model loan documents that incorporate non-borrowing spouse and financial assessment changes.

 

Other


Putting the CFPB Report Into Perspective February 13, 2015

No matter how much information we provide to borrowers and their families, there will always be some who will never completely understand everything about reverse mortgages, or will forget what they learned over time.