HUD Modifies Exclusive REO Listing Period and Eliminates Exclusive Sales Period
By EsqSocial Corporation 30/04/25
Recently, the U.S. Department of Housing and Urban Development (HUD) issued Mortgagee Letter 2025-13 to revise the exclusive listing period for certain parties in connection with HUD real estate owned (REO) properties, and eliminate the exclusive sales period for the same parties in connection with the FHA loan claims without conveyance of title (CWCOT) post foreclosure sales process....
By: Ballard Spahr LLP