HECM Second Appraisal Process Becomes Fully Automated - HousingWire
The Federal Housing Administration (FHA) announced today that as of Friday November 30, 2018, the protocols governing new second appraisal requirements for Home Equity Conversion Mortgages (HECMs ...
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FHA automates reverse mortgage second-appraisal process
The FHA fully automated the second-appraisal process for HECM lenders on Friday, a move it had promised would come by December 1st. Now, lenders will receive an immediate, automatic response on ...
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