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Daily Announcements

On April 23, FHA INFO 15-30 announced Mortgagee Letter 2015-10, Home Equity Conversion Mortgage (HECM) Due and Payable Policies, and Mortgagee Letter 2015-11, Loss Mitigation Guidance for HECMs in Default due to Unpaid Property Charges.

On April 20, FHA INFO 15-29 issued a reminder regarding HECM Automatic Case Number Cancellation related to HECM Financial Assessment and Property Charge policies which become effective for case numbers assigned on or after April 27, 2015.

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