FHA increased the home equity conversion mortgage (HECM) limits for 2020. The maximum claim amount for FHA-insured HECMs in 2020 will be $765,600 (an increase from $726,525). The maximum claim amount of $765,600 is also applicable to the special exception areas of Alaska, Hawaii, Guam, and the Virgin Islands. The HECM limits apply to HECMs with case numbers assigned on or after January 1, 2020.
Fannie Mae
Fannie Mae Issues Selling Guide Announcement SEL-2025-02
Fannie Mae issued Selling Guide Announcement SEL-2025-02 (Announcement), setting forth updates to the Selling Guide. Per the Announcement, Fannie Mae is integrating Condo Project Manager
April 3, 2025
