CRM

NRMLA News 

Where Did the Proposed Rules Go? 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. But when will they be published and what is HUD doing in the meantime? The presidential transition and change in administrations creates some uncertainty about the