FHA Mortgagee Letter 2022-15 Update to Home Equity Conversion Mortgage (HECM) Program Requirements for Notice of Due and Payable Status

August 31, 2022

FHA is modifying their requirements for mortgagees to provide notice to a borrower’s estate following a HECM becoming due and payable due to the death of the last surviving borrower.

View Article Source →

Stay Informed, Subscribe to the Compliance Newshub

Subscribe Now