On February 6, 2015, at 80 FR 6743, the Federal Housing Administration (FHA) published a notice to solicit public comment on the alternative path to claim payment--the Mortgagee Optional Election Assignment--for certain HECMs announced in Mortgagee Letter 2015-03. The public comment period on the February 6, 2015, notice closed on March 9, 2015. FHA received 7 public comments on the notice. In this notice, FHA responds to questions and comments raised by commenters.
Document
Home Equity Conversion Mortgage (HECM) Program: Mortgagee Optional Election Assignment for Home Equity Conversion Mortgages (HECMs) With FHA Case Numbers Assigned Prior to August 4, 2014-Response to Comments
On February 6, 2015, at 80 FR 6743, the Federal Housing Administration (FHA) published a notice to solicit public comment on the alternative path to claim payment--the Mortgagee...
Legal Citation
Federal Register Citation
Use this for formal legal and research references to the published document.
80 FR 23808
Web Citation
Suggested Web Citation
Use this when citing the archival web version of the document.
“Home Equity Conversion Mortgage (HECM) Program: Mortgagee Optional Election Assignment for Home Equity Conversion Mortgages (HECMs) With FHA Case Numbers Assigned Prior to August 4, 2014-Response to Comments,” thefederalregister.org (April 29, 2015), https://thefederalregister.org/documents/2015-10019/home-equity-conversion-mortgage-hecm-program-mortgagee-optional-election-assignment-for-home-equity-conversion-mortgages.