Are you trying to navigate the new non-borrowing spouse landscape? HUD’s Non-Borrowing Spouse (NBS) policy, which goes into effect August 4th, is a watershed event for the HECM program.
Reverse Focus is hosting a FREE webinar on Wednesday, August 6 to help reverse mortgage professionals understand and adapt to the changes. Register now! Space is limited.
Topics of discussion
- Title & Vesting: How must the title read prior to closing?
- Rights and responsibilities of surviving non-borrowing spouse to remain in home
- Financial Impact: Financial considerations for NBS and expected changes
- Borrower’s Certification form
- Non-Borrowing Spouse Certification form
- Loan assumption or refinance?
- Future & ongoing certifications
- What happens at the death of the borrower?
Title: New Non-Borrowing Spouse Policy: What you need to know
Date: Wednesday, August 6, 2014
Time: 11:00 AM – 12:00 PM PDT (2:00 – 3:00 PM EDT)
Space is limited and is expected to fill up. Register for this webinar today.
Editor’s Note: This webinar is sponsored by Reverse Focus
