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U.S. Department of Housing and Urban Development

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FHA Updates Reverse Mortgage HERMIT Software for COVID-19 Extensions 

Sep 11, 2020By

The Federal Housing Administration (FHA) announced on Thursday that the Home Equity Reverse Mortgage Information Technology (HERMIT) system has received a software update, which will allow reverse mortgage servicers to submit extensions under the provisions of the presidentially-declared national emergency stemming from the COVID-19 coronavirus pandemic. Issued in conjunction with the most recent extension to […]