Fakafoki 'o e mokesi (HECM) default, 'atita 'o e nofo'anga, mo e totonu 'o e hoa mali 'oku 'ikai ke no¶

'Oku kehekehe 'a e ngaahi fika fakavavevave 'i he fonua .. ʻOku fakaʻaongaʻi ʻe he peesi ko ʻení ʻa e 911, ko e fika ia ki he ʻIunaiteti Siteití mo Kānata. ‘Oku ngāue‘aki ‘e he ngaahi fonua lahi kehe ‘a e 112, 999, pe ko ha toe fika kehe. Kumi e fika ki ho fonua ..

Ko hono ma'u 'o ha "Totonu mo Totongi" Fanongonongo Fakavavevave pe fakamanamana 'o e foreclosure 'i ha malu'i fakafederal Mokesi Liliu 'o e 'Ekitiviti 'o e 'Api (HECM) pe mokesi fakafoki 'o e proprietary ko ha faingata'a fakailifia ki ha tokotaha 'oku 'a'ana 'a e 'api matu'otu'a ange, ha kei mo'ui Non-Borrowing adBSs ha fanau Spouse or ʻesiteiti. Koe'uhi na'e fakamaketi'i 'a e ngaahi mokesi fakafoki ko e "'ikai ha totongi fakamāhina 'o e mokesi" ngaahi no, 'Oku fa'a faka'uli 'a e kau no mo e ngaahi famili ke nau ako 'e lava ke ui 'e ha servicer mokesi fakafoki (hange ko e PHH Mokesi / Celink, Longbridge fakapa'anga, Pa'anga 'o 'Amelika Fakafepaki, pe HUD / Novad 'oku lava ke totongi 'a e imbalance **mediecly kamata mo e triggers 'e fa 'o e 'ikai totongi: (1) tō ki mui 'i he tukuha koloa, malu'i 'o e kau ma'u 'api, pe ngaahi totongi 'o e HOA ("Tukuhau mo e Malu'i / T&I Default"), (2) 'ikai ke fakafoki mai ha Tohi Fakamo'oni Nofo'anga fakata'u pe fakamoleki 'a e ngaahi mahina lahi 'aupito 'i ha falemahaki 'oku 'ikai lava ke tokanga'i 'a e physical/3) ko e ‘api, pe (4) ko e mate ‘a e hoa mali ‘oku nō.

Neongo 'a e ngaahi tohi 'a e kau ngaue 'oku nau fiema'u ke totongi kakato 'a e no 'i loto 'i he 'aho 'e 30, 'oku malu'i fefeka 'e he ngaahi tu'utu'uni 'a e Potungaue Fale mo e Fakalakalaka 'o e Kolo (HUD) (24 C.F.R. Konga 206 mo e HUD Tohi Fakahinohino ki he Tu'utu'uni Fale 'a e Famili 'e Taha 4000.1) 'a e kau mo'ui, kau matu'otu'a. Fakatatau ki he trigger, te ke lava ʻo taʻofi ʻa e foreclosure ʻo fakaʻaongaʻi ha 60-Mahina HUD ʻi he Fakatuʻutāmaki Fakaloloa (ki he kau nō taʻu 80+ mo e ngaahi fie maʻu mahuʻinga ki he moʻui leleí), ha 60-Mahina HECM Palani Totongi Fakafoki, ha Vahe taimi Toloi ʻo e proeba me ʻi lalo ʻi ha Spoout ʻoku taau Tohi Mo'ua 'a e HUD 2021-11), pe ko e Tu'utu'uni Totongi 'o e Kau Tofi'a 'o e Peseti 'e 95 'o e 'Ikai Fakafoki 'o a'u ki he Mahina 'e 12 'o e ngaahi fakaloloa 'otometiki 'o e HUD.

Fai ʻeni he taimí ni .¶

Faka'ilonga'i 'a e trigger totonu 'oku paaki 'i he "Fanongonongo Totonu mo e Totongi" 'i he taimi pe ko ia: Vakai ki he tafa'aki ki 'olunga 'o e tohi 'a e servicer ke vakai pe ko e fē 'i he ngaahi puha 'e tolu 'oku faka'ilonga'i: (A) Tukuhau mo e/pe Malu'i Fakatu'utamaki 'o e Ta'efakahoko (Tomu'a 'o e Kautaha), **(B) Tafa'aki 'o e Palemia /Tafa'aki ki he (C) Mate 'a e Tokotaha No Fakamuimuitaha 'oku Mo'ui. 'Oku 'i ai ha trigger takitaha ha taimi kehekehe 'aupito 'o e HUD mole-fakasi'isi'i 'a e faito'o mo e pepa 'o e kato.
Fakamo'ui 'a e "Occupancy Default" 'i he houa 'e 24 kapau 'oku kei nofo 'a e tokotaha no 'i he 'api (pe kuo ne 'i ha fale fakaakeake/tauhi 'i he SI'I FO'I 'i he mahina hokohoko 'e 12): 'Oku ui hala 'a e ngaahi mokesi fakafoki 'e lauiafe ko e Due and Payable 'i he ta'u kotoa pe koe'uhi pe ko ha tokotaha no matu'otu'a 'oku 'ikai ke ne ngaue'aki 'a e C**ccupan annual ko e meili pe na'a ne fakamoleki ha mahina 'e 3 'i ha falemahaki pe ko ha fale tauhi taukei. ‘I he 24 C.F.R. § 206.39 mo e § 206.27©, ko e ngaahi ‘ikai ke ‘i ai fakataimi ki he tokanga fakafaito’o pe fakalelei’i ‘o e a’u ki he mahina hokohoko ‘e 12 ‘oku ‘IKAI ke ne maumau’i ‘a e fiema’u tefito ki he nofo’anga. Fakamo’oni hingoa mo fekisi/‘īmeili leva ‘a e Foomu Fakamo’oni Nofo Fakata’u fakataha mo ha ongo totongi ‘uhila lolotonga (‘uhila, vai, pe kasa) mo ha tohi ‘a e toketā ‘o fakapapau’i ‘oku nofo ‘a e tokotaha nō ‘i he ‘apí pe ‘e foki mai kimu’a pea toki ‘osi ‘a e faka’ilonga māhina ‘e 12.
Kole ha "Fakaloloa 'i he Fakatu'utamaki" (Ta'u motu'a 'o e Tokotaha No 80+ mo e Faingata'a'ia Fakaemo'ui Lelei) pe ko ha "Palani Totongi Fakafoki Mahina 'e 60" ki he Tukuhau mo e Malu'i: Kapau na'e tomu'a totongi 'e he servicer ha pa'anga ke totongi 'aki 'a e tukuhau koloa 'oku 'osi 'a e taimi pe malu'i 'o e kau ma'u 'api ("Corporate Advance notlo them". I he Tohi Fakahinohino HUD 4000.1, kapau ko e tokotaha no siisii taha ko e ta'u 80 pe lahi ange pea 'oku 'i ai ha'ane tu'unga mo'ui lelei 'oku faingata'a (fakamo'oni'i 'e ha toketaa) 'oku ne ta'ofi 'a e hiki, 'e lava ke kole 'e he servicer ha fakafo'ou 12-Mahina HUD "'I he Fakatu'utamaki Fakaloloa" 'oku ne ta'ofi 'a e forecloly completly.e Ki he kau no kehe kotoa pe, fiema'u ha Sivi Fakapa'anga & Palani Totongi HECM 'o e Mahina 'e 12 ki he 60 ('a ia 'oku ke totongi pe 'o a'u ki he 25% 'o ho'o "Pa'anga Hu Mai Toe" fakamāhina ki he ngaahi tukuhau/malu'i 'i mui), pe kole kapau 'oku kei fakaava 'e ho'o siteiti Pa'anga Tokoni ki he Kau Ma'u 'Apini ProHAFni Polokalama toloi.
Fakapapau'i ho'o "Vahe Toloi 'o e Hoa 'oku 'ikai ke No (NBS)" 'i he taimi pe ko ia kapau na'e pekia ho hoa no: Kapau ko ho hoa pe 'a e tokotaha na'e lisi ko e "No" 'i he tohi HECM (fa'a koe'uhi na'a ke si'i hifo 'i he ta'u 62 'i he taimi na'e tapuni ai 'a e no) pea ko ho hoa 'oku ne toki totongi 'a e N**you ke mate pe, na'e mali 'i he taimi na'e tapuni ai 'a e no, na'e kei mali pe 'o a'u ki he'ena pekia, na'e fakahaa'i 'i he ngaahi tohi no (ki he ngaahi Fika Keisi hili 'a 'Aokosi 4, 2014, pe taau 'i he malumalu 'o e HUD 'a e fakalahi Fili Fili 'o e Tokotaha No / MOE ki he pre-'Aokosi 4, and4side loccupy the principals). ‘I he Tohi Mo’ua ‘a e HUD 2021-11, na’e fakangata ‘e he HUD ‘a e fiema’u ke fakamo’oni’i ‘e ha Hoa ‘oku kei mo’ui ‘a e title fakalao ‘oku lava ke fakatau atu pe ko e fe’ave’aki ‘o e tohi fakamo’oni ‘i loto ‘i he ‘aho ‘e 90, ‘oku fiema’u pe ke ke kei nofo ‘i he ‘api pea tauhi ‘a e lolotonga ‘i he malu’i mo e tukuhau koloa ‘i he kaha’u.
Ave ha tohi "Faka'ilo 'o e Taumu'a 'a e Kau Tofi'a" 'i loto 'i he 'aho 'e 30 mei he mate 'a e tokotaha no ke loka'i 'a e 6-Mahina + 'Aho 'e 90 Fakaloloa 'e ua (Mahina 'e 12 Fakakatoa) PEA mo e Tu'utu'uni 95%: Kapau kuo pekia 'a e ongo matu'a fakatou'osi pea ko koe 'a e tofi'a initeal you/e6xe ‘o e mate, pea mo e fakaloloa ‘aho ‘e ua ‘o e HUD (‘o a‘u ki he māhina ‘e 12 fakakātoa), ke fakatau atu ‘a e ‘apí pe toe fakapa‘anga ia. Ko e me'a 'oku toe lelei ange, kapau 'oku "'i lalo tahi" 'a e mokesi fakafoki (hange ko 'eni, kuo tupulaki 'a e paleni 'o e no ki he $350,000, ka ko e fale 'oku mahu'inga pe 'a e $260,000), tu'utu'uni fakafederal (**24 C.F.R. § 206.125(a)(2) mo e § 206.125(a)(2) mo e § 206. 'api 'o e famili pe fakatau atu ia 'aki hono totongi 'a e SI'ISI'I ANGE 'o e (a) paleni kakato 'o e no, pe (b) peseti 'e 95 'o e mahu'inga totonu 'o e maketi lolotonga 'oku fakafuofua'i 'e he HUD ($247,000), mo e malu'i FHA 'o holoki 'a e toenga 'o e mo'ua $103,000 'o ta'engata.
Fetu'utaki mo ha Tokotaha Fakahinohino 'o e HECM Default kuo fakangofua 'e he HUD (1-800-569-4287) pea malu'i 'a e malu 'a e kau nofo matu'otu'a: Ta ki he laine fale'i faka'ofisiale 'a e HUD ki he fale 'i he 1-800-569-4287 pea kole pau ki ha Tokotaha Fakahinohino ki he HECM Default kuo fakamo'oni'i 'e he HUD (ta'etotongi). Kapau 'oku feinga ta'efakalao ha kautaha tauhi koloa 'oku fakangaue'i 'e ha servicer ke padlock ha 'api 'oku nofo'i, tapuni 'a e ngaahi me'angaue, pe to'o 'a e ngaahi koloa 'i loto 'i he mita 'e 5 (fute 'e 16) mei ha nofo'anga 'oku nofo'i, ta ki ho'o fika fakavavevave fakalotofonua (911 'i he US mo Kanata, 112 'i he UK, che9 'i he EU) ngaahi fika fakavavevave directory ‘i he taimi pē ko iá.

'Akau 'o e tu'utu'uni: Ta'ofi ha fakafoki 'o e foreclosure 'o e mokesi 'e he fa'ahinga default .¶

Faka'ilonga'i pe ko e va'a fe 'oku faka'aonga'i ki ho'o faingata'a'ia 'o e mokesi fakafoki pea fakahoko 'a e malu'i 'o e HUD 'oku fe'unga 'i he taimi pe ko ia.

flowchart TD
    A["Ma'u 'a e HECM 'Totonu mo Totongi' pe Fanongonongo Faka'auha"] --> B{"Ko e Hā Na‘á Ne Fakatupu ‘a e Default?"}
    B -->|"1. Tukuhau Koloa, Malu'i 'o e Kau Ma'u 'Api, pe HOA Default (T&I)"| C{"Ko e hā e lahi ʻo e moʻuá & Taʻu motuʻa ʻo e Tokotaha Noó?"}
    C -->|"Fakakatoa 'o e Ngaahi Mo'ua 'i Lalo he $5,000"| D["Kuo pau ke Toloi 'e he Sevesi 'a e Fakafekau'aki 'o e Faka'auha (De Minimis 'a e Tu'unga) Lolotonga Ho'o Fakamo'ui"]
    C -->|"Ko e Tokotaha No Si'isi'i Taha Ta'u 80+ mo e Tu'unga Fakafaito'o Mamahi"| E["Fakahu Tohi Toketa ki he HUD 'At-Risk Extension' (Ta'ofi 'a e Foreclosure 'i he Fakalahi 'o e Ta'u 'e 1)"]
    C -->|"Ko e Kau No Kehe Kotoa"| F["Kole HECM Palani Totongi Fakafoki Mahina 12 ki he 60 (25% 'o e Pa'anga Hu Mai 'oku Toe) + Toloi 'o e Tukuhau 'a e Pule'anga"]
    B -->|"2. 'Atita 'o e Nofo'anga / 'Ikai Fakafaito'o"| G{"Kuo 'osi 'alu 'a e Tokotaha No >Mahina Hokohoko 'e 12?"}
    G -->|"Ikai (Kei Nofo 'i 'Api PE 'i Falemahaki/Rehab <12 Mahina)"| H["Fakahu mai e Tohi Fakamo'oni Nofo'anga Kuo Fakamo'oni + 2 Ngaahi Mo'ua 'o e Utility + Note 'a e Toketa (Toe Fakafoki Fakavavevave)"]
    G -->|"‘Io (Tu’uma’u ‘i he Fale Tauhi >Mahina ‘e 12) & ‘Ikai ha Tokotaha No"| I["Liliu ki he Hoa 'oku 'ikai ke No Toloi PE Famili 95% Fakatau/Toe Fakapa'anga"]
    B -->|"3. Mate ‘a e Hoa Noo ."| J{"Ko Hai ‘Oku Nofo ‘i ‘Apí?"}
    J -->|"Hoa ‘Oku ‘Ikai No ‘oku Mo‘ui (NBS)"| K["Ui ki he Vahe taimi Toloi 'o e HUD (Hili-8/4/2014) pe Vahe MOE (Kimu'a-8/4/2014) 'i he malumalu 'o e ML 2021-11"]
    J -->|"Fanau Lalahi / Kau Tofi'a / Tofi'a"| L["Faile Tohi Fanongonongo 'o e Taumu'a 'i loto 'i he 'Aho 'e 30 -> Loka'i 'i he Mahina 'e 6 + Fakaloloa 'aho 'e ua 'o e 'aho 'e 90 + 95% Tu'utu'uni Totongi"]

Malu'i 1: Fakamo'ui ha "Tukuhau mo e Malu'i (T&I)" Default 'o 'ikai mole 'a e 'api¶

Ko e taimi ‘oku ‘ikai ke totongi ai ‘e ha tokotaha nō nō fakafoki ‘a e tukuhau koloa ‘a e vahefonuá pe tuku ke ‘osi ‘enau malu‘i ‘o e kau ma‘u ‘apí (vakai ki he‘etau malu'i 'o e kau ma'u 'api 'ikai fakafo'ou mo e fakahinohino 'oku fakamalohi'i), 'Oku fie ma'u 'e he ngaahi tu'utu'uni 'a e HUD 'a e servicer ke ne tomu'a 'a e pa'anga 'a e kautaha ke totongi 'aki 'a e tokotaha tanaki tukuhau pe fakatau ha tu'utu'uni malu'i, pea toki fakaha 'a e mokesi fakafoki 'i he Tukuhau mo e Malu'i (T&I) Default.

Kimu'a pea toki lava 'e ha servicer 'o 'ave fakalao ha no HECM ki ha loea 'o e foreclosure ki ha T&I default, HUD Tohi Fakahinohino 4000.1 (Vahe III.A.3) 'oku ne 'oatu kiate koe 'a e ngaahi pale pau 'e nima ki hono fakasi'isi'i 'o e mole:

HUD Mole-Fakasi'isi'i 'a e Pale	Ko Hai ‘Oku Taau?	Founga 'oku ne ta'ofi ai 'a e Foreclosure .
1. Ko e $5,000 "De Minimis" 'o e Ngaahi Mo'ua	Ko ha taha pe ‘oku ne no ‘a e HECM ‘a ia ko ‘ene pa’anga fakakatoa ‘oku te’eki ke totongi ‘e he kautaha ki he tukuhau koloa mo e malu’i fakatu’utamaki ‘oku si’i hifo ‘i he $5,000 (fakafo’ou ‘a e threshold ‘i he malumalu ‘o e tu’utu’uni ‘a e HUD).	Ko e taimi pe 'oku 'i lalo ai ho'o mo'ua T&I fakakatoa 'i he threshold pea 'oku ke fakahaa'i 'a e loto ke totongi fakafoki, 'oku fakangofua 'a e servicer ke ne toloi 'a e ui 'o e no Due and Payable lolotonga hono ngaue'i ha palani totongi.
2. Palani Totongi Fakafoki 'o e HECM (Mahina 'e 12 ki he 60)	Ko ha taha pe 'oku ne no 'oku 'i ai 'ene "Surplus Income" fakamāhina lelei hili hono to'o 'a e ngaahi fakamole ki he mo'ui 'oku fiema'u (me'akai, ngaahi me'a faka'aonga'i, tokanga'i fakafaito'o) mei he pa'anga hū mai fakamāhina 'o e Malu'i Fakasōsiale/penisoni.	‘Oku fika’i ‘e he servicer ho’o Pa’anga Hu Mai Lahi fakamāhina pea fokotu’u ha vahenga totongi fakafoki fakamāhina ‘oku tatau mo e fakafuofua ki he peseti ‘e 25 ‘o ho’o Pa’anga Hu Mai Lahi, ‘o fakamafola ‘a e ngaahi tukuhau/malu’i ‘i mui ‘i he ‘o a’u ki he māhina ‘e 60 (ta’u ‘e 5) ‘i he 0% tupu lahi ange ‘i he pa’anga hū mai ‘a e kautaha.
3. Ko e HUD "Fakaloloa 'i he Fakatu'utamaki" (Ta'u motu'a 80+ Faingata'a'ia Fakafaito'o)	Ko e tokotaha no si'isi'i taha 'oku 'ikai si'i hifo he ta'u 80 PEA 'oku fakamo'oni'i 'e ha toketaa laiseni 'oku 'i ai 'a e mahaki faka'auha, faingata'a'ia fakasino taimi loloa, pe fiema'u nofo makehe (hange ko e mahaki 'atamai pe falala ki he ngaahi me'angaue fakafaito'o 'i 'api).	‘Oku fakahū atu ‘e he servicer ‘a e tohi fakamo’oni ‘a e toketaá ki he HUD, ‘a ia ‘okú ne foaki ha 1-Year Foreclosure Extension (‘oku lava ke fakafo’ou fakata’u ‘i he ta’u kotoa pē ‘i he toenga ‘o e mo’ui ‘a e tokotaha nō), ‘o ta’ofi faka’aufuli ai ‘a e fakamo’ua neongo ‘oku ‘i ai ‘a e pa’anga hū mai ‘a e tokotaha nō ‘oku $0 Surplus Income pea ‘oku ‘ikai ke ne lava ‘o totongi ha palani totongi fakafoki.
4. Toe Quoting 'a e Malu'i Fakamālohi & Ngaahi Faka'atā Tukuhau Fakamuimui	Ko ha taha pe na'e fakalahi 'ene paleni T&I 'e ha $5,000+ lender force-placed policy malu'i pe ko ha mole 'a e faka'ata tukuhau koloa seniale/faingata'a'ia fakaesino.	Ko hono fakatau mai ho'o tu'utu'uni 'o e kau ma'u 'api 'oku ne fakatupu 'a e fakafoki 'o e ngaahi totongi kotoa pe 'oku 'overlapping 'oku fakahoko 'e he fakamalohi 'i loto 'i he 'aho 'e 15 (12 C.F.R. § 1024.37(g)), pea mo e kole ki he **Tukuhau 'o e Sitiseni Motu'a / Faingata'a'ia Fakaesino 'a e tukuhau 'o e kaha'u 'o ho'o ofi ki he zero.
5. Toe fakapa'anga ki ha HECM Fo'ou mo ha "LESA" (Set-Aside 'o e Mo'ui)	Ko e kau nō ‘a ia kuo holo lahi ‘a e mahu‘inga ‘o honau ‘apí talu mei hono to‘o ‘a e ‘uluaki nō fakafokí.	Kapau kuo tupulaki ho'o 'ekitiviti 'i 'api, 'e lava ke ke refinance ki ha HECM fo'ou (ko ha "HECM-ki he-HECM Refinance") 'oku ne totongi 'a e ngaahi mo'ua 'o e T&I 'i he tapuni pea fakapa'anga ha Life Expectancy Set-Aside (LESA), ko ha pakete escrow 'otometiki 'oku ne totongi ho'o malu'i 'i he kaha'u 'o e ngaahi tukuhau koloa restfe mo e ngaahi tukuhau 'o e koloa restfe.

Malu'i 2: Mo'ui mei ha "'Atita 'o e Nofo'anga" pe Nofo Fakaloloa 'i he Falemahaki / 'Api Tauhi¶

‘I he 24 C.F.R. § 206.27©, 'oku kei tu'u lelei pe ha mokesi fakafoki 'i he taimi pe 'oku hoko ai 'a e koloa ko e nofo'anga tefito 'o e tokotaha 'oku 'ikai si'i hifo he tokotaha 'oku ne no. 'Oku 'atita'i 'e he kau ngaue 'a e nofo'anga 'i he ta'u kotoa pe (pea 'i he taimi pe 'oku fakafoki mai ai 'a e meili 'oku 'ikai lava ke 'ave pe lipooti 'e ha kaunga'api 'oku ngali nonga 'a e fale).

Ko e ngaahi tu'utu'uni 'e tolu 'oku ne ta'ofi ha faka'auha ta'efakalao "'Ikai Nofo"¶

Ko e Tu'utu'uni 'o e Co-Borrower (100% Malu'i Neongo kapau 'oku Hu 'a e Hoa 'e Taha ki ha 'Api Tauhi'anga Tu'uma'u): Kapau 'oku fakatou lisi ha husepāniti mo e uaifi ko e Co-Borrowers 'i he mokesi fakafoki, pea 'oku hiki tu'uma'u 'a e husepāniti ki ha memory-care pe taukei 'o e fale tauhi 'o e CANNOT his lofed for the pea Totongi ‘i he lolotonga ‘o e kei nofo ‘a e uaifi (Co-Borrower) ‘i he fale ko hono nofo’anga tefito.
Ko e Tu'utu'uni 'o e 'Ikai Fakafaito'o Hokohoko 'o e Mahina 'e 12 (Ki ha Tokotaha No Tokotaha): Kapau 'oku 'i ai pe 'a e tokotaha no 'e taha** 'i he no (pe 'oku fakatou 'i ha fale nofo'anga 'a e ongo co-borrowers), 'oku fakangofua fakalao 'a e tokotaha no ke ne 'ikai 'i he 'api 'i ha falemahaki, fale fakaakeake, relative or li'up for1. mahina hokohoko (‘aho ‘e 365)** ki he mahaki fakaesino pe faka‘atamai ‘o ‘ikai ke ne fakatupu ha ta‘efakahoko.
Ngaue Mahu'inga Kimu'a he Mahina 12: Kapau 'oku fakaofi mai 'a e tokotaha no tokotaha pe ki he 'Aho 330 'i ha fale fakaakeake, foki ki 'api ke nofo 'i he koloa (mo e tokanga'i 'o e mo'ui 'i 'api) kimu'a he 'Aho 365 'oku ne toe fokotu'u 'a e houa 'o e mahina 'e 12, 'o kapau 'oku kei mo'oni 'a e 'api ko honau nofo'anga tefito.
'Oua 'aupito na'a ke tukunoa'i 'a e Tohi Fakamo'oni Nofo Fakata'u: 'I he ta'u kotoa pe 'i he 'aho fakamanatu 'o e tapuni ho'o no, 'oku meili atu 'e he servicer ha Foomu Fakamo'oni Nofo peesi 'e 1. Kapau e ikai te ke fakamo oni mo fakafoki ia i loto i he aho e 30, e meili atu e he servicer ha fakatokanga fakatokanga, fekau atu ha tokotaha sivi malae ke tukituki mai ki ho matapa pea to o ha ngaahi ata o ho o mita uhila mei he curb (totongi ho o no ha totongi sivi koloa $20), pea kamata ha Non-Occupancy Redust mo e Pay UD. Fakafoki ma'u pe 'a e Tohi Fakamo'oni Nofo kuo fakamo'oni hingoa 'o fakafou 'i he Meili Fakamo'oni MO e 'imeili/fekisi, tauhi ha tatau ki ho'o ngaahi faile.

Malu'i 3: Malu'i ha "Hoa 'Oku 'Ikai No (NBS)" 'oku kei Mo'ui Hili 'a e Mate 'a e Tokotaha No¶

'I he fakahisitolia, na'e fa'a fakaloto'i 'e he kau fakatau 'o e mokesi 'a e ngaahi hoa mali ke nau 'ave 'a e hoa mali si'isi'i ange (tautautefito ki ha hoa mali 'oku te'eki ke ta'u 62) mei he title 'o e fale koe'uhi ke lava 'e he hoa mali lahi ange 'o qualify ki ha totongi mokesi fakafoki lahi ange tokotaha pe. 'I he taimi na'e mate ai 'a e hoa mali matu'otu'a ange 'oku no, na'e faka'auha ta'e'ofa 'e he kau servicers 'a e uitou pe uitou 'oku loto mamahi ("Non-Borrowing Spouse").

Hili e ngaahi hopo fakafederal (Bennett v. Donovan mo e Plunkett v. Castro) mo e ngaahi fakalelei lalahi ki he tu'utu'uni 'a e HUD, 'oku ma'u 'e he kau Hoa 'oku 'ikai ke nau No 'oku nau kei mo'ui 'a e ngaahi totonu fakafederal malohi ke nau nofo 'i honau 'api 'i he toenga 'o 'enau mo'ui 'o 'ikai ke nau fai ha totongi fakamāhina 'o e mokesi:

Founga ngaue 'a e HUD 'Oku 'ikai No 'a e Hoa "Vahe Toloi"¶

Pe na'e kamata 'a e mokesi fakafoki 'a ho hoa 'i he 'aho 4 'o 'Aokosi, 2014 (FHA Fika Keisi na'e vahe'i 'i he/hili 'a e 08/04/2014, pule'i 'e he 24 C.F.R. § 206.55) pe kimu'a 'i he 'aho 4 'o 'Aokosi, 2014 Fili Fili / Vahe MOE ngaahi tu’utu’uni ‘i he malumalu ‘o e Tohi Mo’ua ‘a e HUD 2019-15 mo e 2021-11), ‘oku ke taau ke toloi ‘a e faka’auha ‘o e koloa ‘i he toenga ‘o ho’o mo’ui ko e Hoa ‘Oku ‘Ikai No ‘Oku Taau kapau ‘oku ke fakakakato ‘a e ngaahi fiema’u ko ‘eni:

Mali 'i he Tapuni mo e Mate: Na'a ke mali fakalao mo e tokotaha no 'i he taimi na'e tapuni ai 'a e reverse mortgage (pe kau 'i ha feohi fakasekisuale 'oku fakahoko 'i he taimi na'e tapui ai 'e he lao mei he mali, pea kimui ange na'a ke mali fakalao kimu'a pea pekia 'a e tokotaha no) pea na'a ke kei mali fakalao pe 'o a'u ki he';
Nofo'anga Tefito: 'Oku ke lolotonga nofo, pea na'a ke nofo 'i he taimi na'e pekia ai 'a e tokotaha no, 'i he koloa kuo fakamo'ua ko ho nofo'anga tefito;
'Oku 'ikai ke toe fiema'u ke fakamo'oni'i 'a e title fakalao 'i loto 'i he 'aho 'e 90 (Tohi 'a e HUD Mortgagee 2021-11 Breakthrough): Kimu'a 'i Me 2021, na'e foreclosed 'e he kau servicers 'a e kau uitou 'e lauiafe koe'uhi na'e fuoloa ange 'a e fakamaau'anga probate 'i he 'aho 'e 90 ke 'ai 'a e fale na'me ki ai. ‘I he Tohi No ‘a e HUD 2021-11, na’e fakangata tu’uloa ai ‘e he HUD ‘a e fiema’u ke fakamo’oni’i ‘e ha Hoa ‘oku kei mo’ui ‘oku ‘ikai ke ne No ‘a e title marketable pe totonu fakalao ke ne nofo ‘i loto ‘i he ‘aho ‘e 90 mei he mate ‘a e tokotaha no.
Ko Ho'o Ngaahi Fatongia Hokohoko Lolotonga 'a e Vahe taimi 'o e Toloi: Lolotonga 'oku 'ikai ke ke toe lava 'o to'o ha pa'anga fo'ou mei he laine 'o e no 'o e mokesi fakafoki, 'oku ke fai 'a e $0 fakamāhina 'o e pa'anga tefito mo e totongi tupu 'i he toenga 'o ho'o mo'ui, kuo pau ke ke (a) fakafoki 'a e pa'anga fakata'u Non-Occuccupany Payb, Eert Oligibilication kotoa (O) tukuha koloa mo e totongi malu’i ‘o e kau ma’u ‘api ‘i he taimi totonu, pea © tauhi ‘a e koloa.

Malu'i 4: Totonu 'a e Fanau Lalahi & Kau Ma'u Tofi'a Hili 'a e Mate 'a e Tokotaha No Fakamuimuitaha (Ko e Tu'utu'uni 95% & Uati Mahina 'e 12)¶

‘I he taimi ‘oku pekia ai ‘a e tokotaha nō fakamuimuitaha ‘oku kei mo‘uí (pea mo ha Hoa ‘Oku ‘Ikai Nō ‘oku taau), ‘oku hoko leva ‘a e nō fakafokí ko e Due and Payable. Kaekehe, 'oku fa'a fakatanga'i 'e he kau servicers 'a e fanau 'oku nau loto mamahi 'aki 'a e "Ngaahi Fakatokanga Faka'aho 'e 30" loi lolotonga ia 'oku nau fufū 'a e ongo totonu fakafederal mahu'inga taha 'i he malumalu 'o e 24 C.F.R. Vahe 206.125:

1. Founga ke fakaava 'a e taimi kakato 'o e Mahina 'e 12 ('Uluaki Mahina 'e 6 + Ua 'aho 'e 90 HUD Extensions)¶

Ko e 'Uluaki Fanongonongo 'o e Taumu'a 'o e 'Aho 'e 30: 'I loto 'i he 'aho 'e 30 mei hono ma'u 'o e "Fanongonongo Totonu mo e Totongi" 'a e servicer hili 'a e mate 'a e matu'a, kuo pau ke 'ave 'e he kau ma'u tofi'a pe tokotaha fakahoko 'o e koloa ha tohi w Fanongonongo 'o e Taumu'a ('o ngaue'aki 'a e sipinga 'i lalo thell the famili) koloa, (B) Totongi / Toe fakapa'anga 'a e mokesi fakafoki ke tauhi 'a e 'api 'i he famili, pe (C) Fakahoko ha Tohi Fakafetongi 'o e Faka'auha.
Otometiki 'o e Mahina 'e 6 ('Aho 'e 180 mei he Mate): 'I lalo he 24 C.F.R. § 206.125(d), ko e taimi pe te ke fakaha ai ki he servicer ho’o taumu’a ke fakatau atu pe totongi ‘a e no, ‘oku ‘i ai ho’o ‘uluaki mahina ‘e 6 mei he ‘aho ‘o e mate ‘a e tokotaha no ke fakakakato ‘a e fakatau pe toe fakapa’anga kimu’a pea toki lava ke fakakakato ‘a e foreclosure.
Ko e Fakaloloa HUD ‘Aho ‘e 90 ‘e ua (Mahina 7 ki he 9, pea mo e Mahina 10 ki he 12): Kapau ‘oku te’eki ke fakatau atu ‘a e ‘api pe ‘oku kei fakahoko ‘a e probate/refinancing ‘i he ofi mai ‘a e Mahina 6, fakahu mai ha kole tohi ki ha **‘Uluaki Fakaloloa HUD ‘Aho ‘e 90 kimu’a ‘i he ‘aho 6 ki he 30. ‘oku ‘osi ‘a e ‘aho faka’osi) ‘o fakapipiki atu ‘a e fakamo’oni ‘o e maketi ‘oku lolotonga fai (ko ha Aleapau Lisi MLS kuo fakamo’oni hingoa mo ha fakafofonga fakatau ‘api PE ko ha Kole No / Tohi Fakangofua kimu’a kuo fakamo’oni hingoa mei ha tokotaha nō mokesi pea mo e Ngaahi Tohi Fakamo’oni Fakafuakava). Kapau 'e fiema'u, 'e lava ke ke kole ki ha Fakaloloa HUD 'aho 'e 90 hono ua, 'o 'oatu ki ho famili ha mahina 'e 12 kakato ke fakatau atu pe toe fakapa'anga.

2. Ko e Tu'utu'uni Totongi 'o e 'Ikai Fakafoki "95% 'o e Mahu'inga Fakafuofua" (24 C.F.R. § 206.125(a)(2))¶

Ko e FHA-malu'i kotoa pe 'a e HECM reverse mortgage ko ha 100 peseti 'o e Non-Recourse Loan: 'oku 'ikai ko e ngaahi koloa kehe 'a e tokotaha no kuo pekia ('akauni pangike, malu'i mo'ui, ngaahi me'alele) pe ko e kau ma'u tofi'a fakafo'ituitui 'e lava ke ever ke mo'ua ki ha seniti 'oku lahi ange ia 'i he 'api 'iate ia pe.

‘Oku toe lelei ange, ‘i he malumalu ‘o e 24 C.F.R. § 206.125(a)(2), kapau 'oku fie ma'u 'e he kau ma'u tofi'a ke tauhi 'a e 'api 'o e famili ('aki hono toe fakapa'anga ia ki ha mokesi angamaheni 'i he hingoa 'o ha tamasi'i lahi pe totongi pa'anga) PE fakatau atu ia 'i he maketi 'i he taimi 'oku mahulu hake ai 'a e paleni 'o e mokesi fakafepaki 'i he mahu'inga lolotonga 'o e 'api servicer 'e he ERSSre 'a e lao fakafederal tore LE 'o:

100% 'o e paleni 'o e no HECM 'oku te'eki ke totongi, PE
95% 'o e Mahu'inga Totonu 'o e Maketi lolotonga 'o e koloa 'o hange ko ia 'oku fakapapau'i 'e ha sivi faka'ofisiale 'oku tu'utu'uni 'e he HUD 'a e FHA.

Fiema'u ha Fakafuofua'i 'oku Tu'utu'uni 'e he HUD ke Fakatupu 'a e Tu'utu'uni 95%

'Oua 'aupito na'a tuku ha reverse mortgage servicer ke ne talaatu 'oku 'aonga pe 'a e Tu'utu'uni 'o e 95% ki he fakatau nounou 'a e paati hono tolu pea 'ikai ki he kau mēmipa 'o e famili 'oku nau tauhi 'a e fale." Ko e policy motu'a ko ia 'a e pangike na'e outlaw mahino ia 'e he HUD. ‘I he 24 C.F.R. § 206.125(a)(2)(ii), ko e kau ma’u tofi’a ‘oku nau tauhi ‘a e ‘api ‘i he famili ‘oku nau ma’u ‘a e totonu tatau ke totongi ‘a e mokesi fakafoki ki he 95% ‘o e mahu’inga lolotonga ‘oku fakafuofua’i. Ke faka'aonga'i 'a e tu'utu'uni 95%, kole ki he servicer 'i ha tohi ke 'ota ha Faka'ofisiale 'o e HUD Mate/Nounou-Fakatau Fakafuofua ('o 'ikai ha upfront 'i tu'a mei he kato kiate koe).

Kopi-mo-fakapipiki 'a e sipinga: HECM Default Cure, Hoa 'oku 'ikai ke no, & Fanongonongo 'a e kau ma'u tofi'a¶

Siaki 'a e puha 'oku fe'unga mo ho'o tu'unga pea 'ave 'a e tohi ko 'eni 'o fakafou 'i he Meili Fakamo'oni, Kole 'a e Tohi Fakafoki, Fax, mo e 'Imeili ki he reverse mortgage servicer.

URGENT: FORMAL HECM LOSS MITIGATION / OCCUPANCY / NON-BORROWING SPOUSE / HEIRS' NOTICE
(PURSUANT TO 24 C.F.R. PART 206, HUD HANDBOOK 4000.1, AND RESPA 12 C.F.R. § 1024.35/.38)

Date: [Insert Date]

TO: [Name of Reverse Mortgage Servicer, HECM Default / Loss Mitigation / Estates Dept.]
    [Servicer Address, Fax Number, and Email]

RE: HECM Loan Number: [Insert Loan Number] | FHA Case Number: [Insert FHA Case No.]
    Borrower(s) Name: [Name of Borrower]
    Property Address: [Full Street Address]

Dear HECM Servicing & Compliance Officer:

PLEASE TAKE FORMAL NOTICE of the following statutory election and request to suspend any "Due and Payable" acceleration or foreclosure referral on the above-referenced HECM loan (check applicable section):

[ ] SECTION A, CURE OF OCCUPANCY DEFAULT (24 C.F.R. §§ 206.27(c), 206.39):
    The Borrower continues to maintain the subject property as their Principal Residence (or has been temporarily absent in a medical/rehabilitation facility for LESS than 12 consecutive months since [Date]). Enclosed are (1) the signed Annual Occupancy Certification, (2) two current utility bills showing active residential service, and (3) a physician's statement confirming temporary medical absence. Demand is made to immediately recall any Due and Payable status and credit back any improper inspection fees.

[ ] SECTION B, REQUEST FOR TAX & INSURANCE (T&I) REPAYMENT PLAN OR AGE 80+ AT-RISK EXTENSION:
    Regarding the Corporate Advance balance of $[Amount] for property taxes and/or hazard insurance:
    (1) [If Borrower is Age 80+ with Health Hardship]: The youngest borrower is age [Age] (DOB: [Date]) and suffers from a critical medical condition documented in the attached Physician Certification. We request that you immediately submit an "At-Risk Extension" request to HUD under HUD Handbook 4000.1.
    (2) [For All Other Borrowers]: I request an immediate Financial Assessment and a [36 / 48 / 60]-Month HECM T&I Repayment Plan calculated at no more than 25% of monthly Surplus Income, and request an immediate stay of foreclosure referral while my application (and State HAF / Senior Tax Deferral application) is processed.

[ ] SECTION C, SURVIVING NON-BORROWING SPOUSE (NBS) DEFERRAL PERIOD (24 C.F.R. § 206.55 & HUD ML 2021-11):
    Borrower [Name] passed away on [Date of Death] (Death Certificate attached). I am the surviving Eligible Non-Borrowing Spouse. We were legally married at loan closing on [Date] and remained married until the Borrower's death, and I occupy the property as my Principal Residence. Pursuant to 24 C.F.R. § 206.55 and HUD Mortgagee Letter 2021-11 (or MOE Assignment for pre-08/04/2014 Case Numbers), I hereby invoke my statutory Deferral Period. Please send me the NBS Annual Certification package immediately.

[ ] SECTION D, HEIRS' / ESTATE NOTICE OF INTENT, APPRAISAL DEMAND, & EXTENSION REQUEST (24 C.F.R. § 206.125):
    Borrower [Name] passed away on [Date of Death]. I am the [Surviving Child / Executor / Successor in Interest] (Death Certificate and proof of heirship/authority attached).
    1) Notice of Intent: The Estate/Heirs hereby give formal notice of intent to [sell the property / purchase and retain the property via refinance] pursuant to 24 C.F.R. § 206.125.
    2) Demand for Payoff Quote & Official HUD Appraisal (95% Rule): Please provide an itemized payoff statement AND order an official HUD Fair Market Value Appraisal so that the Estate/Heirs may satisfy the HECM for the lesser of the unpaid loan balance or 95% of current appraised value under 24 C.F.R. § 206.125(a)(2).
    3) Request for 6-Month Hold & 90-Day HUD Extension: Please confirm the initial 6-month marketing/settlement window through [Date 6 Months from Death] [and grant a 90-Day HUD Extension based on the attached MLS Listing Agreement / Lender Pre-Approval Letter].

Sincerely,

____________________________________
[Your Signature]
[Your Printed Name, Relationship to Borrower, Address, Phone, and Email]

Mokesi fakafoki fakavaha'apule'anga (Tukuange 'o e 'Ekitiviti) default & malu'i 'o e hoa mali 'oku kei mo'ui¶

Kapau ko koe pe ko ha mātuʻa matuʻotuʻa ʻokú ke maʻu ha nō fakafoki ʻi tuʻa ʻi he ʻIunaiteti Siteití, ʻoku fakangatangata ʻe he ngaahi tuʻutuʻuni fakalao mo e ngaahi ngāueʻangá ʻa e ngaahi fakaʻauha ʻo e kau nō mo e ʻekitivitī kovi:

Kanata (CHIP Fakafoki 'a e Mo'ua / HomeEquity Pangike & Pangike 'Ekitiviti, 'Ikai ha Fakapapau'i 'o e 'Ekitiviti Fakakovi & Totonu 'a e Hoa 'oku kei Mo'ui):
Tukuhau, Malu'i, mo e Ngaahi Totongi Tauhi: 'I Kanata, 'oku 'ikai fiema'u 'e he ngaahi mokesi fakafoki ha totongi fakamāhina pe totongi tupu, ka kuo pau ke tauhi 'e he tokotaha 'oku 'a'ana 'a e 'api 'a e Tukuhau Koloa, Malu'i 'o e 'Api, mo e Totongi 'o e Condo/Strata 'a e kolomu'a ke totongi 'o a'u ki he 'aho ni. Kapau 'oku to ki mui ha tokotaha matu'otu'a 'i he tukuhau koloa, ko e faito'o vave taha 'i he ngaahi vahefonua hange ko e British Columbia, Alberta, mo Ontario ko e kole ki he Polokalama Toloi 'o e Tukuhau Koloa 'a e Kau Matu'a Fakavahefonua/Municipal, 'a ia 'oku ne totongi 'a e ngaahi mo'ua tukuhau 'a e kolomu'a ko ia 'oku 'ikai lava 'e he tokotaha 'oku ne 'oatu 'a e no 'o e mokesi fakafoki 'o ca.
Mate 'a e Tokotaha No & Kau Ma'u Tofi'a: Kapau 'oku fakatou 'i he title 'a e ongo hoa mali (hange ko ia 'oku fiema'u 'e he reverse mortgage underwriting 'a Kanata), 'e 'ikai lava ke ui 'a e no 'oku totonu kae 'oua kuo mate 'a e hoa hono ua pe hiki tu'uma'u ki he tauhi taimi loloa**. ‘I he mate ‘a e tokotaha nō fakamuimuitaha ‘oku kei mo‘uí, ‘oku fa‘a ma‘u ‘e he koloa/kau tofi‘a ‘a e ‘aho ‘e 180 (māhina ‘e 6) ke totongi ‘a e nō ‘o fakafou ‘i hono fakatau atu pe toe fakapa‘anga, ‘o poupou‘i ‘e ha aleapau ‘Ikai ha Fakapapau‘i ‘o e ‘Ekitivitī Fakakovi (fakapapau‘i ‘oku ‘ikai ‘aupito ke mo‘ua ‘a e koloá ‘o lahi ange ‘i he mahu‘inga totonu ‘o e maketi ‘o e ‘apí).
United Kingdom (Ngaahi Mo'ua 'o e Mo'ui, Ngaahi Tu'unga Fakalukufua 'o e Fakataha Tokoni 'o e Tukuange 'o e 'Ekitiviti, Ngaahi Faka'ata 'o e Tokanga'i Taimi Loloa & Ngaahi Tu'utu'uni 'a e FCA):
Ngaahi Malu'i 'o e Kosilio Tukuange 'o e 'Ekitiviti (ERC): 'Oku laka hake he 90% 'o e UK Ngaahi Mo'ua 'o e Mo'ui 'oku nau muimui ki he Ngaahi Tu'unga 'o e Kosilio Tukuange 'o e 'Ekitiviti, 'a ia 'oku ne fakapapau'i 'a e ongo totonu 'oku 'ikai lava ke alea'i: (1) 'a e Totonu ke Nofo 'i ho'o koloa ki he mo'ui pe kae 'oua kuo ke hiki prodentiteral revid-permly ki he 'oku kei hoko pe ko ho nofo'anga tefito pea 'oku ke tauhi ki he aleapau), pea (2) 'a e 'Ikai ha Negative Equity Guarantee (NNEG), 'uhinga 'i he taimi 'oku mate ai 'a e tokotaha no fakamuimuitaha pe hū ki he tauhi tu'uma'u pea 'oku fakatau atu 'a e 'api ki he totongi lelei taha 'oku fe'unga ke ma'u, 'oku 'ikai ko e tokotaha no pe ko e koloa 'oku nounou 'a e ex-rolled 'a e ex-rolled . totongi 'o e fale.
12-Month Window for Executors: ‘I he mate pe hū tu’uma’u ki ha ‘api tauhi ‘o e tokotaha nō fakamuimuitaha ‘oku kei mo’ui, ‘oku fa’a foaki ‘e he kau nō ‘o e UK Lifetime Mortgage ki he kau fakahoko/kau tofi’a ‘a e māhina ‘e 12** ke nau fakamāketi’i mo fakatau atu ‘a e koloa kimu’a pea nau toki fai ha ngāue fakamālohi. Kapau ‘e fakamanamana’i ‘e ha taha ‘oku ne ‘oatu ‘a e no ke toe ma’u ‘a e koloa ‘i he fakalelei’i ‘o e koloa pe malu’i ‘o e ngaahi fale, faile ha tangi fakafo’ituitui ‘i he malumalu ‘o e ngaahi tu’utu’uni ‘a e FCA MCOB pea fakalahi atu ki he Potungaue ‘Omipatimeni Fakapa’anga (FOS).
Aositelelia ('Oku 'ikai ha Fakapapau'i 'o e 'Ekitiviti Fakalao 'i he malumalu 'o e Lao 'a e NCCP & Ngaahi Sevesi 'a 'Aositelelia "Sikiimi 'o e Ma'u 'o e 'Ekitiviti 'i 'Api"):
Fakafakamafai'i Fakalao 'Oku 'Ikai ha Fakapapau'i 'o e 'Ekitiviti Fakafepaki (Talu mei he 'aho 18 'o Sepitema 2012): 'I he malumalu 'o e Lao Malu'i 'o e No 'a e Kau Fakatau Fakafonua 2009 (Ko e Kouti No Fakafonua Vahe 86A ki he 86F), ko e mokesi fakafoki kotoa pe 'oku fakahu 'i 'Aositelelia 'i he 'aho 18 pe hili 'a e No ma statutory car2nda E2010. Fakapapau, 'oku tapui 'e he lao fakafederal ha taha 'oku ne 'oatu 'a e no ke ne fiema'u pe ma'u ha me'a lahi ange 'i he mahu'inga 'o e maketi 'o e koloa 'oku reverse-mortgaged 'i he taimi 'oku 'osi ai 'a e no (tukukehe 'a e ngaahi me'a 'oku hoko 'i he kākā pe maumau'i 'o e koloa 'oku fakakaukau'i).
Ngaahi Totonu Malu'i 'o e Tokotaha Nofo 'Oku 'Ikai Ma'u 'a e Title: 'I he malumalu 'o e Lao Fakafonua ki he No, kapau na'e fili 'a e tokotaha no 'i he kamata'anga 'o e no ke fokotu'u ha Nofo 'oku 'ikai ke ne ma'u 'a e Title (hange ko ha hoa pe hoa), 'oku ma'u 'e he tokotaha nofo malu'i ko ia 'a e totonu fakalao ke hokohoko atu 'a e nofo 'i he 'api ag boreca into fale. ‘Ikai ngata ai, kapau ‘oku ‘ikai ke totongi ‘e ha nō fakafoki fakafo’ituitui pe ‘oku ne totongi ‘a e totongi fakakomesiale ma’olunga, ‘e lava ke toe fakapa’anga ‘e he kau mātu’a ‘Aositelēlia ‘oku nau taau ke ma’u ‘a e Penisoni Ta’u motu’a ha nō fakafoki fakakomesiale ki he Sikimu ‘o e Ma’u ‘o e ‘Api ‘o e ‘Api (HEAS) ‘oku ma’ulalo hono totongi tupu ‘a ia ‘oku pule’i ‘e he **Services of Veveter, Australians /' fakamālohi’i ‘o e kautaha nō ‘i he taimi pē ko iá ‘aki hano fakahū atu ha tangi ki he Ma’u Mafai ki he Ngaahi Tangi Fakapa’anga ‘a ‘Aositelēliá (AFCA).

Ngaahi fehu'i 'oku toutou 'eke .¶

Can the reverse mortgage company take my parents' house just because they owe $2,800 in overdue county property taxes?

While failing to pay property taxes is technically a default under the HECM mortgage agreement, HUD strictly discourages foreclosures over small balances. Under HUD Single Family Housing Policy Handbook 4000.1, if the total corporate advance (the amount the servicer paid on your parents' behalf for back taxes and insurance) is under HUD's de minimis threshold (typically $2,000 to $5,000), the servicer is permitted to delay calling the loan Due and Payable. Even if the balance is over $5,000, your parents have the right to request a 12-to-60-month HECM Repayment Plan (paying only 25% of their monthly Surplus Income), apply for a county Senior Property Tax Deferral/Exemption, or, if the youngest borrower is age 80 or older with a serious health condition, obtain a renewable 1-year HUD "At-Risk Extension" that stops foreclosure completely.

If my parents' reverse mortgage balance is $400,000, but the house is only worth $280,000 after they pass away, do I (as the heir) owe the bank the missing $120,000?

No, never. Every federally insured HECM reverse mortgage is a 100 percent Non-Recourse Loan under 24 C.F.R. § 206.27(b)(8). Neither you, your siblings, nor your parents' other estate assets (such as their bank accounts, IRAs, or life insurance policies) can ever be touched to pay a reverse mortgage shortfall. Even better, if you want to keep the family home instead of letting it go, 24 C.F.R. § 206.125(a)(2) allows you to buy/refinance the house and pay off the entire $400,000 reverse mortgage for just 95 percent of its current HUD-appraised fair market value (95% of $280,000 = $266,000), and FHA's Mortgage Insurance Fund absorbs the remaining $134,000 loss.

Why did the reverse mortgage servicer freeze my parent's reverse mortgage Line of Credit when they still have $60,000 of unused credit left?

Under 24 C.F.R. § 206.205(e), if a borrower fails to pay their property taxes or homeowners insurance on time and the servicer is forced to make a "Corporate Advance" out of its own funds to pay the county tax collector or buy force-placed insurance, the servicer is required by HUD rules to first withhold the unpaid tax/insurance amount from your parent's available HECM Line of Credit (or monthly tenure payments), and if the line of credit is exhausted or the loan is placed into formal T&I default status, the servicer freezes future draws from the Line of Credit until the tax and insurance default is cured or placed onto an approved HECM Repayment Plan.

Should I sign a "Deed-in-Lieu of Foreclosure" if we do not want to keep our deceased parent's underwater house?

If the reverse mortgage balance is far higher than the home's market value and no family member wants to buy the house for 95% of its appraised value, signing a "Deed-in-Lieu of Foreclosure" is often the cleanest way to walk away, and servicers frequently pay $1,500 to $5,000 in relocation assistance under HUD guidelines if you leave the property broom-clean. Before signing a Deed-in-Lieu, always check a real estate valuation first: if the house is worth MORE than the reverse mortgage balance, sell the house on the open market instead so your family keeps 100 percent of the remaining equity after the reverse mortgage is paid off.

Kuo vakaiʻi ʻa e ngaahi maʻuʻanga fakamatalá¶

KIMAUTOLU. Potungaue Fale mo e Fakalakalaka Fakakolo (HUD, 'Iunaiteti Siteiti): Ngaahi Tu'utu'uni ki he Mo'ua 'o e Liliu 'o e 'Ekitiviti 'o e 'Api (HECM) (24 C.F.R. Konga 206, kau ai 'a e § 206.27 Ngaahi Tu'utu'uni Nofo'anga Tefito, § 206.55 Vahe taimi Toloi ki he Kau Nofo 'Oku 'Ikai Taau,§062. § 206.125 Tu'utu'uni 'o e Totongi 'o e 95% 'o e Kau Tofi'a mo e Ngaahi Taimi Fakaloloa 'o e Mahina 'e 6/'Aho 'e 90, mo e § 206.205 Ngaahi Totongi 'o e Koloa).
KIMAUTOLU. Potungaue Fale mo e Fakalakalaka Fakakolo (HUD / FHA): Tohi Fakahinohino ki he Tu'utu'uni Fale 'a e Famili 'e Taha 4000.1 (Ulu'i II Polokalama Fale Malu'i 'o e Ngaahi Mo'ua ki Mu'a mo e Fakafoki, Fakasi'isi'i 'o e Mole 'a e HECM, Ngaahi Palani Totongi Fakafoki 'o e Mahina 'e 60, De Minimis T&I At+I Thres Fakaloloa), Tohi Mo'ua 2019-15, mo e Tohi Mo'ua 2021-11 (Fakalahi 'a e Ngaahi Malu'i 'o e Hoa 'Oku 'Ikai No mo Fakangata 'a e Fiema'u 'o e Title Fakamaketi 'aho 'e 90).
Potungaue Malu'i Fakapa'anga 'a e Kau Fakatau (CFPB, 'Iunaiteti Siteiti): Ngaahi Founga Sivi 'o e Sevesi 'o e Mokesi Fakafoki, ReSPA Fetongi 'i he Ngaahi Tu'utu'uni 'o e Totongi Totongi (12 C.F.R. § 1024.30(d) mo e § 1024.38(b)(1)(vi) Ko Ho'o Ngaahi Totonu mo e Ngaahi Fatongia (Fakahinohino ki he Kau Fakatau 'a e CFPB).
Potungaue Konisiuma Fakapa'anga 'a Kanata (FCAC): Ngaahi No Fakafoki 'i Kanata: Ngaahi Fatongia 'o e Tokotaha No pea 'Ikai ha Ngaahi Fakapapau'i 'o e 'Ekitiviti 'oku Kovi.
Ma'u Mafai ki he To'onga Fakapa'anga (FCA) mo e Fakataha Tokoni Tukuange 'o e 'Ekitiviti ('Ingilani): MCOB 8 & 9 (Tukuange 'o e 'Ekitiviti: Ngaahi Tu'unga Fakafale'i mo e Fakatau) mo e Ngaahi Tu'unga 'o e Koloa 'a e Kosilio Tukuange 'o e 'Ekitiviti (Totonu ke Nofo pea 'Ikai ha Fakapapau'i 'o e 'Ekitiviti 'oku Kovi).
Komisiona Malu'i mo e 'Inivesimeni 'a 'Aositelelia (ASIC / Moneysmart) mo e Ngaahi Sevesi 'a 'Aositelelia: Lao ki hono Malu'i 'o e No 'a e Kau Fakatau Fakafonua 2009 (Kouti No Fakafonua Vahe 86A ki he 86F Fakalao 'Oku 'Ikai ha Fakapapau'i 'o e 'Ekitiviti Fakafepaki mo e Ngaahi Tu'utu'uni 'o e Nofo Malu'i) mo e *Tu'utu'uni ki he Nofo 'i 'Api.