At this time, relocation incentives or other funding assistance are not available from HUD for HECM borrowers associated with a completed deed in lieu or foreclosure action. There may, however, be other Federal, State or local assistance available to the borrower.
Borrowers may contact a HUD approved housing counseling agency in their area for unbiased counseling on their particular situation.
Additional information and access to an on-line list of HUD-approved Housing Counseling Agencies is available at: https://www.hud.gov/offices/hsg/sfh/hcc/hcs.cfm
A list of HUD Housing Counseling Agencies and their contact information can be obtained by calling HUD's interactive voice system toll free at 1-800-569-4287.
HQ Policy Determination