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Topic

Non-Borrowing Spouses

2 published works

  1. Financial Services Perspectives

    FHA Extends Non-Borrowing Spouse Protections

    By James W. Wright Jr.

    The United States Department of Housing and Urban Development (HUD) issued Mortgagee Letter 2019-15, in which it announced several modifications to the Mortgagee Optional Election (MOE) Assignment claim process for…

  2. Financial Services Perspectives

    HUD Reverses Course (Again) on Non-Borrowing Spouses

    By James W. Wright Jr.

    The Department of Housing and Urban Development (HUD) continues to grapple with how mortgagees and servicers of Home Equity Conversion Mortgages (HECMs), commonly known as reverse mortgages, should proceed where…