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In this training, we will equip HUD Certified counselors with the skills and knowledge to effectively counsel borrowers facing a default on their Home Equity Conversion Mortgage (HECM). Participants will learn about the common causes of HECM defaults, including property charge delinquencies, failure to maintain the property, and other compliance issues. The course will provide a step-by-step approach to assist borrowers in resolving defaults, including strategies for reinstatement, repayment plans, and alternatives to foreclosure. Default Counselors are not required to be HECM roster counselors.
Brought in partnership with Stacy Stuber.
Registration: $75
Our Housing Action Training Center brings a robust lineup of national trainings to equip housing counselors with the skills and knowledge to help individuals and families find and keep good homes.
We offer limited training scholarships for housing counselors who work for HUD-approved agencies. Learn more and apply here »
HECM Default Counseling
HECM Default Counseling
We look forward to you joining us for HECM Default Counseling.
You will receive a Zoom confirmation email with a link to join the training. If you have any questions, contact Bibian Cristino at bibian@housingactionil.org.
If you don't see the confirmation email, please check your junk or spam folder and add bibian@housingactionil.org to your safe sender list.
Interested in more training opportunities? View our full Housing Action Training Center calendar »