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FHA issues draft guidance for accessory dwelling units


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FHA issues draft guidance for accessory dwelling units

A draft mortgagee letter from the FHA would allow the inclusion of rental income in the HECM financial assessment. The proposal would also apply to traditional…

Other Stories:

  • [Housing Wire ] FHA issues draft guidance for accessory dwelling units
  • [Reverse Mortgage Daily] Draft mortgagee letter would give an earlier start to HECM assignment claim filing
  • [Scotsman Guide] FHA loan volume dropped sharply in the final months of 2022
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Editor in Chief: HECMWorld.com
As a prominent commentator and Editor in Chief at HECMWorld.com, Shannon Hicks has played a pivotal role in reshaping the conversation around reverse mortgages. His unique perspectives and deep understanding of the industry have not only educated countless readers but has also contributed to introducing practical strategies utilizing housing wealth with a reverse mortgage.
Shannon’s journey into the world of reverse mortgages began in 2002 as an originator and his prior work in the financial services industry. Shannon has been covering reverse mortgage news stories since 2008 when he launched the podcast HECMWorld Weekly. Later, in 2010 he began producing the weekly video series The Industry Leader Update and Friday’s Food for Thought.
Readers wishing to submit stories or interview requests can reach our team at: info@hecmworld.com.

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