Tag Archives: single
FHA Announces Reverse Mortgage Foreclosure Alternative

FHA Announces Reverse Mortgage Foreclosure Alternative

Guidance allows lenders to assign loan to HUD and keep non-borrowing spouse in the home   WASHINGTON – The Federal Housing Administration (FHA) today issued a new policy under its Home Equity Conversion Mortgage (HECM) Program giving FHA-approved lenders the option to delay calling HECMs with eligible  ‘non-borrowing spouses’ due and Read more