source:
  type: guide
  id: hud-4000-1-iii-3-programs-and-products-covid-19-hecm-property-charge-repaymen
  authority: FHA Single Family Housing Policy Handbook 4000.1, Part III — 3. Programs
    and Products - COVID-19 HECM Property Charge Repayment Plan (04/29/2024)
  description: FHA Single Family Housing Policy Handbook 4000.1, Part III — 3. Programs
    and Products - COVID-19 HECM Property Charge Repayment Plan (04/29/2024).
  coverage_tier: operative
obligations:
- id: hud-4000-1-iii-3-programs-and-products-covid-19-hecm-property-charge-repaymen-full
  canonical_id: hud-4000-1-iii-3-programs-and-products-covid-19-hecm-property-charge-repaymen-full
  section: FHA Single Family Housing Policy Handbook 4000.1, Part III — 3. Programs
    and Products - COVID-19 HECM Property Charge Repayment Plan (04/29/2024)
  type: do
  tags:
  - regulator-direct
  - fha
  - hud-handbook
  - corpus-expansion
  - tier-operative
  primary_source:
    tier: 1
    authority: FHA Single Family Housing Policy Handbook 4000.1, Part III — 3. Programs
      and Products - COVID-19 HECM Property Charge Repayment Plan (04/29/2024)
    source_class: hud-handbook
    source_url: https://www.hud.gov/hud-partners/single-family-handbook-4000-1
    snapshot_id: 8c03836f77f317e1
    fetched_at: '2026-05-23T00:28:40Z'
    content_hash: sha256:411430f29b13f9b54a2ebb0e6f6e7087ecd2b90d0da22eb0c8c792eaa2d7d0df
    paragraph_quote: '3. Programs and Products - COVID-19 HECM Property Charge Repayment
      Plan (04/29/2024) Handbook 4000.1 1530 Last Revised: 11/26/2025 may not be added
      to the HECM balance and must be paid from some other source of funds. Such reinstatement
      is solely at the election of the Mortgagee. The Mortgagee may refuse to reinstate
      the HECM and the MOE Assignment Deferral Period if: • the Mortgagee has accepted
      a reinstatement of either the MOE Assignment Deferral Period or HECM within
      the past two years immediately preceding the current notification to the Eligible
      Surviving NBS that the HECM is Due and Payable; • reinstatement of either the
      MOE Assignment Deferral Period or HECM will preclude foreclosure if the HECM
      becomes Due and Payable at a later date; or • reinstatement of either the MOE
      Assignment Deferral Period or HECM will adversely affect the priority of the
      HECM lien. vi. MOE Assignment Claim Payment A MOE Assignment claim will be calculated
      and paid in the same manner as a standard assignment claim.'
  judgment: false
