Friday, April 19, 2024 | The Latest Buzz for the Appraisal Industry

FHA Rescinds Rule for Foreclosure on HECM Surving Non-Borrowing Spouses

By Brian Honea

The U.S. Department of Housing and Urban Development (HUD) has issued a memo announcing the rescinding of a mortgagee letter written in January that would have allowed reverse mortgage lenders the option of delaying foreclosure proceedings on surviving non-borrowing spouses.

The post FHA Rescinds Rule for Foreclosure on HECM Surving Non-Borrowing Spouses appeared first on DSNews.

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Brent Bowen

Loosening The Knot

Something that I like to do is to research the etymology of various words. This is essential in understanding older/historical texts, so that you can

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