Working in coordination with the Servicing Committee and HMBS Issuers Committee, NRMLA submitted two sets of comments, one to the Department of Housing and Urban Development and another … more HUD and GNMA Invited Feedback on Two Critical HECM Issues
Reference Section
HECM for Purchase: A Homebuilder’s Toolkit
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Using a Reverse Mortgage to Buy a Home: A Toolkit for Real Estate Agents
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Best and Worst States to Retire in 2024
Bankrate’s annual Best and Worst States to Retire Study found that Delaware is the best state for retirees in 2024, followed by West Virginia (2), Georgia (3), South … more Best and Worst States to Retire in 2024
What Do I Do When My Loan is Due?
The National Reverse Mortgage Lenders Association created, “What Do I Do When My Loan is Due?,” to walk reverse mortgage loan borrowers and their families through the end … more What Do I Do When My Loan is Due?
HUD Extends Foreclosure Relief to Maui Victims
The Federal Housing Administration extended its foreclosure moratorium for borrowers with FHA-insured mortgages in Maui County, HI, through January 1, 2025. Why it matters: This new extension — … more HUD Extends Foreclosure Relief to Maui Victims
Can MEPs Close the Retirement Savings Gap?
To encourage more small businesses to offer retirement savings options, policymakers approved changes in the SECURE Act of 2019 that made it easier for them to participate in … more Can MEPs Close the Retirement Savings Gap?
American Workers Cite Most Critical Retirement Policy Priorities
Fifty-eight percent of all workers — including 78 percent of Baby Boomers —believe the President and Congress should address Social Security’s funding shortfalls to ensure the program can … more American Workers Cite Most Critical Retirement Policy Priorities
HUD Proposes Updates to Debenture Interest Rates for HECM Claims
The Federal Housing Administration posted a draft Mortgagee Letter on its Drafting Table that proposes updates to HUD’s calculations for the payment of debenture interest on HECM claims. … more HUD Proposes Updates to Debenture Interest Rates for HECM Claims
HUD Proposes New Rules On Delinquent Note Sales
FHA published a proposed rule that seeks public feedback on its delinquent note sale program. What’s next: Public comments must be submitted by September 16, 2024. Why it … more HUD Proposes New Rules On Delinquent Note Sales
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