FHA Issues New Reverse Mortgage Rules To Keep Non-Borrowing Spouses in Homes After Surviving Borrower Dies

The Federal Housing Administration (FHA) announced changes to its reverse mortgage program designed to keep non-borrowing spouses in their homes after the last surviving borrower dies. Earlier this year, FHA issued guidlines that allows FHA-approved lenders to delay foreclosure proceedings against non-borrowing spouses in the event of the death of...









