FHA Info # 20-92 HUD Does Not Accept Wire Transfers for Secretary-Held Home Equity Conversion Mortgages and Partial Claims

December 09, 2020

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HUD releases a new Frequently Asked Questions (FAQs) to remind the methods by which payoff funds for Secretary-Held Home Equity Conversion Mortgages (HECMs) and Partial Claims can be submitted to FHA.

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