HUD
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HECM Limit to Remain Unchanged
Aug 20, 2011The Department of Housing and Urban Development (HUD) has released Mortgagee Letter 2011-29, that maintains the current HECM loan limit of $625,500 through December 31, 2011. The mortgagee letter extends the current limit that was set to expire on September 30, 2011. The letter does note that this notice will apply unless legislation is enacted that would alter the extension of these lending limits. Such action would prompt an updated mortgagee letter from HUD. The lending limit also applies to special exception areas: Alaska, Guam and the Virgin Islands. The letter also established forward mortgage FHA lending limits to
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HUD Adds Intermediaries to the Counseling List
Aug 17, 2011 -
CFPB Set to Assume RESPA Violation Cases
Jul 15, 2011 -
Leadership Changes Continue at FHA
Jul 13, 2011 -
FNF Fined $4.5 Million by HUD for RESPA Violations
Jul 12, 2011 -
NRMLA Presents Financial Assessment Recommendations
Jul 08, 2011 -
HUD Issues New Condominium Guidance
Jul 05, 2011 -
Montgomery on HUD Enforcement
Jun 29, 2011 -
HUD Launches $1 Billion Homeowner Assistance Program
Jun 22, 2011 -
Bott to Leave HUD
Jun 15, 2011 -
Expiration of Higher Lending Limits Under Review
May 31, 2011 -
Legal: A Springtime Review of New HECM Mortgagee Letters
May 27, 2011
