The National Reverse Mortgage Lenders Association (NRMLA) said this week that it has submitted comments to the U.S. Department of Housing and Urban Development (HUD) requesting that the agency, at minimum, align its cybersecurity reporting requirements with those of Ginnie Mae. Ideally, however, it wants the extension to be even longer.
A draft Mortgagee Letter (ML) was posted Sept. 30 and is viewable on the Single Family Drafting Table, an online portal for proposed but not yet implemented HUD policy. The ML provides updated details ⇒
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