FHA Mortgagee Letters
Below is a complete list of mortgagee letters that directly impact the HECM program or are worth noting because they apply to lenders that originate HECM loans. To view a list of every letter ever published since the program began, please click here.
2012-17 - HERMIT System for t he Home Equity Conversion Mortgage
2011-31 - Revised Form HUD 92902, Certificate of HECM Counseling and Clarification of Counseling Guidance
2011-26 - HECM Counseling: Intermediaries Included on the HECM Counselor List
2011-17 - Use of HUD/FHA logo, name and acronym in advertising
2011-16 - Rescission of Borrower's Recourse
2011-09 - Waiver of HECM Counseling Fees and Activities Included in the Time Recorded Portion of the HECM Counseling Certificate
2011-04 - FHA Capture of NMLS & Registry Information
2011-03 - Extension of Temporary Guidance for Condominium Policy
2011-02 - QC Requirements for Direct Endorsement Lenders
2011-01 - HECM Property Charge Loss Mitigation
2010-39 - HUD-1 Settlement Statement Closing Certification
2010-37 - Provide a List of Counseling Agencies
2010-34 - Introducing HECM Saver; Mortgage Insurance Premiums and Principal Limit Factor Changes for HECM Standard
2010-22 - Submission of Case Binder Documents
2010-07 - HECM Loan Forms & Guidance
2009-49 - Home Equity Conversion Mortgage Program: Subordinate Liens
2009-47 - Counseling Standardization & Roster
2009-46a - Temporary Guidance for Condominium Policy
2009-46b - Condominium Approval Process for Single Family Housing
2009-44 - Home Equity Conversion Mortgage (HECM) Program--Clarification of Debenture Interest Calculation for HECM Claim Type 21; Claim Filing Instructions for HECM Claim Types 21 and 24
2009-34 - Home Equity Conversion Mortgage: Principal Limit Factors
2009-30 - Appraisal Validity Periods
2009-29 - Appraisal Portability
2009-28 - Appraiser Independence
2009-21 - Home Equity Conversion Mortgage Refinancing of Existing Loans
2009-19 - Condominium Process for Single Family Housing
2009-16 - Manufactured Housing Policy Guidance (Permits HECMs on manufactured homes that are condominiums)
2009-11 - HECM for Purchase Program
2009-10 - Clarification of HECM Counseling Issues
2009-07 - Loan Limit Increases for FHA
2008-38 - Clarification regarding borrower’s recourse for repayment of HECM loan debt and termination of a HECM mortgage
2008-35 - HECM Mortgage Limits-Effective Immediately
2008-34 - HECM Origination Fee-New Limits
2008-33 - HECM for Purchase Program
2008-28 - Prohibition on Mortgagee Funded Home Equity Conversion Mortgage Counseling
2008-24 - Home Equity Conversion Mortgage (HECM) Program-Requirements on Mortgage Originators
2008-14 - Home Equity Conversion Mortgage Program-Non FHA-Approved Mortgage Brokers
2008-12 - Home Equity Conversion Mortgage Program-Counselng Fee
2008-08 - Home Equity Conversion Mortgages-Fixed Interest Rate
2007-13 - Adjustable Rate Mortgages, Addition of LIBOR Index
2007-08 - HECM Face-to-Face Interviews
2007-06 - Existing Property Eligibility Requirements
2006-30 - Guidance on Handbook 4060.1
2006-25 - HECM Counseling Requirements
2006-23 - Elimination of Photo Identification Evidence
2006-22 - Extension of Principal Limit Lock
2006-20 - Subordinate Liens, State and Court-Ordered Judgements, and Judgement Liens
2006-07 - Clarification of Mortgagee Letter 2006-4, Closing Costs for HECMs
2006-06 - Line of Credit Payment Option for Texas Single Family Properties
2005-48 - FHA Repair and Inspection Requirements for existing properties and revisions to FHA Appraisal Protocol
2005-44 - Expanded HECM Counseling Network
2005-34 - Adoption of Revised Appraisal Reporting Forms and Update to FHA Appraisal Protocol
2005-06 - Lender Accountability for Appraisals
2004-48 - HECM Counseling Requirements Simplified
2004-39 - Signature Reduction, Required Loan Documents
2004-27 - Delayed Effective Date for Mortgagee Letter 2004-25 Instructions
2004-25 - Clarification of HECM Counseling Requirements
2004-22 - Elimination of paper mortgage insurance certificates for HECM claims
2004-18 - Refinancing HECMs and Revision to Loan Calculation Software
2003-22 - HECM Servicing Guidance
2003-16 - HECM Interest Rate Lock-Ins
2003-02 - Elimination of Planned Unit Development (PUD) Approval Requirements
2002-12 - Reinstatement of the Housing Counseling Notification Requirement
2001-18 - CHUMS Programming Changes for HECM Processing
2001-16 - HECM Servicing and Claim Issues
2000-34 - HECMs in Texas (Supplement to Mortgagee Letter 00-09)
2000-10 - Increase in Loan Origination Fee and Counseling Changes
2000-09 - Home Equity Conversion Mortgages in Texas
1999-36 - Home Equity Conversion Mortgage Calculation Software
1999-02 - HECM Consumer Protection Measures
1998-25 - Optional New Loan Application Form
1998-12 - Oklahoma City Central Servicing Office
1998-03 - Servicing Fee Cap
1997-38 - System Issues, Coming Enhancements, and Solving Roadblocks
1997-25 - Submission of SF Claims via Electronic Data Interchange (EDI)
1997-15 - HECM Insurance Program - Implementation of Final Rule and Other Information
1997-14 - Creation of FHA Connection
1996-31 - Mandate for Electronic Data Exchange for Single Family Claims
1996-29 - HECM Case Binder
1996-15 - Changes in Program Requirements
1995-54 - New Direct Endorsement Procedures and Disclosure Requirements
1994-44 - Claims Instructions for Home Equity Conversion Mortgages