FHA INFO 2023-69: Reminder Guidance for FHA-Approved Mortgagees Regarding Home Equity Conversion Mortgage Borrower and Mortgage Insurance Payments

August 24, 2023

FHA has published frequently asked questions that address Mortgagee Letter 2023-15, Modifications to FHA Home Equity Conversion Mortgage (HECM) Requirements Related to Secretary Payment of Borrower Disbursements Due to Mortgagee Default, and regarding late payment of mortgage insurance premiums (MIP) for HECMs.

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