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Information in English and Spanish for FHA-insured homeowners living in disaster areasÂ
On September 26, FHA INFO 19-49 announced that FHA published Implementation Requirements for Condominium Units Secured by Home Equity Conversion Mortgages.
On September 23, FHA INFO 19-48 announced that FHA published updates to HECM Policy: Updates to Mortgagee Optional Election (MOE) Assignment for Home Equity Conversion Mortgages (HECMs) with FHA case numbers assigned prior to August 4, 2014 (ML 19-15), and Home Equity Conversion Mortgage (HECM) Program – Continuation of HECM Collateral Risk Assessment Requirements, that eliminates the termination date in ML 2018-06 (ML 19-16). Also announced was the Home Equity Conversion Mortgage (HECM) Information Regarding Surviving Non-Borrowing Spouses webpage on hud.gov, making available new informational materials.
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For Homeowners
Click here to access the online FAQ site.
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- Updates to Loss Mitigation Options for Borrowers in PDMDA (ML 19-14)Â
- Case Number Guidance for Condominium Single-Unit Approval Originations
- Downpayment Assistance and Operating in a Governmental Capacity Guidance Rescinded (ML 19-12)
- Proposed Revisions to FHA Annual Lender Certification Posted in the Federal Register (Docket No. FR-7011-N-38), and SF Drafting Table
- Comprehensive Changes to FHA Condominium Project Approval Requirements