Jocelyn D. Wright
Last year, NRMLA commented on three proposed rules published by HUD: one that would make further changes to the HECM program; a supplement to that proposal that would require mandatory assignments of HECM reverse mortgages at 98 percent of the maximum claim amount; and another that would modernize the department’s condo approval and recertification rules. The comment periods are closed and now we await publication of the final rules.
The Reverse Review, "NRMLA News" (2017). In the News. 2039.