HUD extends exclusive listing of REO properties
January 19, 2022
On January 13, HUD issued Mortgagee Letter 2022-01, which extends the Exclusive Listing Period during which Owner-Occupants, Governmental Entities, and HUD-approved non-profits are eligible to bid on HUD Real Estate Owned Properties from 15 days to 30 days. The mortgagee letter is effective March 1.