FHA issued Mortgagee Letter 2018-08, updating guidance on Home Equity Conversion Mortgage (HECM) Claim Type 22 assignment requests. The Mortgagee Letter outlines the documentation and procedures required to demonstrate that a HECM has been serviced in accordance with applicable HUD regulations and meets all assignment eligibility criteria. The updated guidance went into effect October 22, 2018.
CFPB
CFPB Amends Fair Credit Reporting Act with respect to Medical Information
The CFPB adopted rules amending the Fair Credit Reporting Act (FCRA) with respect to medical information. Per the rule adoption, the CFPB removed an exception
January 16, 2025
