HW Media connects and informs decision makers across the housing economy. Professionals rely on HW Media for breaking news, reporting, and industry data and rankings. Moving the Housing Market Forward.

FHA

Latest Posts

FHA Clarifies Reverse Mortgage Foreclosure Timelines for Non-Borrowing Spouses 

Jun 17, 2014By

Following a 60-day foreclosure extension notice issued in April by the Department of Housing and Urban Development, the Federal Housing Administration has clarified its guidance regarding reverse mortgage foreclosure timelines. Now, up to two 60-day extensions can be granted to non-borrowing spouses of reverse mortgage borrowers: one before initiating foreclosure and one during the process […]