Mortgagee Letter 2019-15 marks a critical improvement in HUD’s policy regarding nonborrowing spouses that will allow many vulnerable elderly homeowners to remain in their homes after the death of a reverse mortgage borrower.
Mortgagee Letter 2019-15 marks a critical improvement in HUD’s policy regarding nonborrowing spouses that will allow many vulnerable elderly homeowners to remain in their homes after the death of a reverse mortgage borrower.