Hecms Only)

Last updated 08-20-2026

FHA Single Family Housing Policy Handbook Glossary November 26 2025

Updated 08-20-2026

Hecms Only)

The Home Equity Reverse Mortgage Information Technology (HERMIT) System refers to HUD’s HECM Servicing platform for collecting MIP, managing all servicing activities and paying insurance claims. See the HERMIT User Guide for detailed information regarding using the platform.

FHA Single Family Housing Policy Handbook Glossary November 26 2025

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