No. A Home Equity Conversion Mortgage (HECM) with unpaid property charges or that is otherwise eligible to be called due and payable for any reason other than the death of the last surviving borrower is eligible for the Mortgagee Optional Election (MOE) Assignment. For more information see Mortgagee Letter 15-15 at https://www.hud.gov/program_offices/administration/hudclips/letters/mortgagee
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