HUD Handbook 4235.1 REV-1 is the basic program handbook for the HECM program. However, it was published in 1994, and some of the key program rules have changed since then, as explained in later HUD mortgagee letters, HECM regulations, and amendments to the HECM statute.
HUD Handbook 4330.1 - Administration of Insured Home Mortgages, Chapter 13 - Home Equity Conversion Mortgages (HECMS) contains requirements for servicing HECMs.
HECM Mortgagee Letters are issued by HUD to make official changes in the HECM program. As new mortgagee letters come out, they modify and supersede parts of the HECM Handbook, so for the most up-to-date and information, you need to read the Mortgagee Letters.
Executive Summaries of Select HUD Mortgagee Letters
2010-07 - Revisions to Home Equity Conversion Mortgage (HECM) loan agreement
HECM Regulations are issued by HUD to implement amendments to the HECM statute enacted by Congress.
HECM Statute is the basic federal law that governs the HECM program.
NeighborWorks records its previously hosted webinars and they are available to you on the Training Videos page. No training certificates are issued for watching previously recorded webinars, but they can be great resources for your work as a HECM counselor.
Other helpful resources include:
A new resource that lists commonly asked questions, and even a specialized area for reverse mortgage questions