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HUD Revises Procedures for HUD REO Properties and Claims Without Conveyance of Title Post-Foreclosure Sales Process - Weiner Brodsky Kider PC
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HUD Revises Procedures for HUD REO Properties and Claims Without Conveyance of Title Post-Foreclosure Sales Process - Weiner Brodsky Kider PC
HUD recently issued ML 2025-13, to revise procedures for HUD Real Estate Owned (REO) properties and the Claims Without Conveyance of Title (CWCOT) post-foreclosure sales process. The ML effectively replaces and reverses policies previously established in ML 2022-01 and ML 2022-08. The principal changes announced in ML 2025-13 involve shortening or eliminating exclusive purchasing periods previously reserved for owner-occupant buyers, HUD-approve…
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