A "mortgagee letter" is a written notice or communication from the lender to the borrower regarding the terms and conditions of the mortgage loan. Full definition
But FHA's new «Back to Work - Extentuating Circumstances» loan program, announced in Mortgagee Letter 2013 - 26, eliminates that waiting time for most borrowers! (arklawgroup.com)
The first HUD mortgagee letter of 2017 was sent out to lenders earlier today, with additional details about the annual MIP reduction. (homebuyinginstitute.com)
HUD issued Mortgagee Letter 2008 - 38 which clarified and changed their position on the interpretation and implementation of the Non-Recourse feature of the Reverse Mortgage program. (reverse.mortgage)