Tuesday, March 31, 2015

HUD To Delay Reverse Mortgage Financial Assessment Date

HUD To Delay Reverse Mortgage Financial Assessment DateThe Department of Housing and Urban Development (HUD) has announced today its decision to delay implementation of the long-heralded Financial Assessment rule just weeks before its effective date. Citing a delay in the delivery of “certain system enhancements” required to support policies published in Mortgagee Letters 2014-21 and http://www.reverse-mortgageloans.com/hud-to-delay-reverse-mortgage-financial-assessment-date/
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