| Title: | HUD Adds New Requirements On HECM Originators (ML 08-24) |
| Source: | HUD |
| Date: | 9/18/2008 |
|  Related Document(s): |
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Summary:
Section 2122 (a) (9) of the Housing and Economic Recovery Act of 2008 (HERA) added Section 255 (n) to the National Housing
Act to establish new requirements on HECM mortgage originators. Sections 255 (n)(1) and (n)(2) are described in this Mortgagee
Letter.
See Related Documents to view Mortgagee Letter 08-24.