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... for the repeal of Federal Housing Administration (FHA) Mortgagee Letter 2008-38 (ML 08-38), which redefined the non-recourse feature of the home ...
Phil Hall - 2014-09-17 13:04
... subsection-j problem, was containable so HUD moved to revoke Mortgagee Letter 2008-38 within a month of the lawsuit (see part 4). For the volatile ...
Atare E. Agbamu - 2014-09-08 12:24
... a seemingly unrelated action. It revoked the infamous Mortgagee Letter 2008-38 (ML-08-38), a supposed “clarification” of HECM non-recourse ...
Atare E. Agbamu - 2014-08-29 11:06
Mortgagee Letter 2011-34 was issued in late September, but didn’t get a lot of ... Secure and Fair Enforcement (SAFE) Mortgage Licensing Act of 2008 or any applicable provision of state law. Use of DBA names FHA now ...
Jeff Mifsud - 2011-12-28 17:09
... Department of Housing & Urban Development (HUD) to revoke Mortgagee Letter 2008-38, it finally listened, under legal and political pressure. HUD ...
Atare E. Agbamu - 2011-04-07 17:12
... has sued HUD over reverse mortgage foreclosures enabled by Mortgagee Letter 2008-38. In a series of articles beginning in February 2009: “Grandma ...
NationalMortgageProfessional.com - 2011-03-10 15:55
... in 2008, HUD added a caveat to this explanation in their Mortgagee Letter 2008-38 and stated that this is true on a bona fide sale to a third ...
Cliff Auerswald - 2011-03-10 14:28
... revisions to seller-financed downpayment assistance, through Mortgagee Letters and the Rule Making Process, such as:6 Enacted via Mortgagee Letter, effective Jan. 1, 2010: ►Require submission of audited financial ...
Jonathan Foxx - 2010-03-05 10:30
In part one of "An Assault on Fairness: Quash Mortgagee Letter 2008-38," we looked at the assumptions behind ML-08-38 and concluded ...
Atare E. Agbamu - 2009-08-19 09:30
... Atare E. Agbamu, CRMS continues his shocking revelations on Mortgagee Letter 2008-38 and its impact on heirs in regards to reverse mortgages in this ...
Andrew T Berman - 2009-08-07 20:41