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Around the Industry

July 20, 2012
HECM Changes. HUD announced this week that all FHA-approved mortgagees that remit insurance premiums on home-equity conversion mortgages must submit certain information to HUD by July 25 if they have not been involved with the Home Equity Reverse Mortgage Information Technology project. The FHA plans to change the process used to remit MIPs for the HECM program in the near future. Upcoming Ginnie Changes. During the monthly Ginnie Mae issuer outreach call this week, Ginnie officials announced that they will ... [Includes three briefs]
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