Relevant:
- HUD Issues Guidance for Subordinate Lien Financing Under the HECM
- HUD Implements HECM Counseling Roster and Testing Standards
- HUD Mortgagee Letter Updates HECM Loan Application
- HUD Provides Clarification of Interest Calculation for Reverse Mortgage Claims
- HUD Lowers Principal Limit Factors for FHA Reverse Mortgage Program
2009-07-09 — reversemortgagedaily.com
"Late last week the U.S. Department of Housing and Urban Development published Mortgagee Letter 2009-21 to clarify guidelines for borrowers who decide to refinancing existing HECM mortgages."
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