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 Agencies Adopt Final "Skin in the Game" Securitization Rule October 27, 2014

Federal regulators issued the final Risk Retention Rule as required by the Dodd-Frank Act.

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.



NRMLA Supports Proposed QA Efforts October 27, 2014

NRMLA submitted comments last week to the Department of Housing and Urban Development supporting the Federal Housing Administration’s proposed Loan Quality Assurance Methodology.

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.