Skip to main content

ML 09-21: Home Equity Conversion Mortgage Refinancing of Existing Loans

Mortgagee Letter 2009-21 informs Mortgagees and Housing Counseling Agencies that provide Home Equity Conversion Mortgage (HECM) counseling, of a technical correction that is applicable to the Federal Housing Administration (FHA) HECM Program.  This Mortgagee Letter also reiterates and clarifies policy guidance that mortgagees must use when refinancing existing HECM mortgages.

SOLUTIONS THAT WORK. TECHNOLOGY TO STAY COMPLIANT.