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Title Announced Priority Area Program Area State
Review of Reverse Mortgage Servicing 07/2026 Protecting the Mortgage Insurance Funds Housing All

Summary

HUD OIG is conducting an audit of nationwide reverse mortgage servicing.  This review will focus on more than 13,677 Home Equity Conversion Mortgage (HECM) loans with a Maximum Claim Amount (MCA) of $3,232,040,045 from 2023 to 2025.  Our objective is to determine whether the servicing provided is in accordance with HUD requirements and contractual agreements.