FHA Issues Partial Waiver of Borrower Signature Requirement for HECM Assignment Claims

FHA issued a partial waiver of the borrower signature requirement for HECM assignment claims. The partial waiver allows servicer to submit a CT-22 Assignment Claim without having to obtain the borrower’s signature on an occupancy certification. Mortgagees must continue to obtain the borrower’s annual certification, but are not required to obtain a signed occupancy certification. The partial waiver is effective through December 31, 2020.

Click here to view the FHA Temporary Waiver – Borrower Signature Requirements for HECM Assignment Claims: https://www.tenaco.com/wp-content/uploads/2020/11/FHA-Temporary-Waiver-HECM-Assignment-Claims-10-30-20.pdf

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