WASHINGTON, Jan. 21 -- Department Of Housing And Urban Development has issued a notice called: Notice of HUD Non-Vacant Loan Sales (HNVLS 2026-1).
The notice was published in the Federal Register on Jan. 21 by Frank Cassidy, Assistant Secretary for Housing-Federal Housing Commissioner.
Summary: This notice announces HUD's intention to offer approximately 2, 500 home equity conversion mortgages (HECM, or reverse mortgage loans) secured by occupied properties with a loan balance of approximately $730 million. The sale will consist of due and payable Secretary-held reverse mortgage loans. The mortgage loans consist of first liens secured by real property that is occupied, where the borrower and any borrowing or non-borrowing spouse are decea...