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 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.


Legal Update on Appraisal Issues July 2, 2014

In response to member inquiries, NRMLA's General Counsel has prepared a short memorandum that summarizes and explains current applicable rules affecting the ordering and provisions of appraisals.

 

Other


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.