FHA adopted rules amending the Home Equity Conversion Mortgage (HECM) program. The adopted rules: implement statutory changes; codify policies previously implemented by Mortgagee Letters under various statutory authorities; issue new origination and servicing policies; and clarify existing regulatory language. All policies previously implemented by Mortgagee Letters will remain in effect until the effective date of the adopted rules. The adopted rules become effective September 19, 2017.
Rural Housing Service
RHS Updates Monthly Electronic Status Reporting Codes
RHS issued a SFH Guaranteed Servicing Notice (Notice) announcing updated Electronic Status Reporting codes for mortgage servicers. Per the Notice, Default Status Code 10 was
September 23, 2024
