Archives For: FHA
FHA INFO #15-70: Single Family Partial Claim Documentation and Delivery
The U.S. Department of Housing and Urban Development (HUD) released single family housing and news updates in FHA INFO #15-70.
2 Sep 2015
HUD Announces Change to Debenture Interest Rates
The U.S. Department of Housing and Urban Development (HUD) announced changes in the interest rates to be paid on debentures issued with respect to a loan or mortgage insured by the Federal Housing Administration under the provisions of the National Housing Act (the Act).
7 Aug 2015
FHA Proposes Deadline for Lenders to File Claims
On July 6, the U.S. Department of Housing and Urban Development (HUD) issued a press release announcing the publishing of a proposed rule that would establish a maximum time period within which a Federal Housing Administration (FHA) approved mortgagee must file a claim for insurance benefits.
8 Jul 2015
FHA Releases Servicing Handbook
On June 24, the Federal Housing Administration (FHA) published its final Servicing and Loss Mitigation (Servicing) for Title II Forward Mortgages and the Servicer Tier Ranking System II (TRS II) sections of its Single Family Housing Policy Handbook.
26 Jun 2015
FHA Expands Opportunities for Reverse Mortgage ‘Non-Borrowing Spouses’ to Remain in Their Home
On June 12, the U.S. Department of Housing and Urban Development (HUD) published a press release announcing a revised policy issued by the Federal Housing Administration (FHA) under its Home Equity Conversion Mortgage Program (HECM).
24 Jun 2015
HUD Awards New Mortgagee Compliance Manager Contract
On June 16, DS News published an article discussing the decision by the U.S. Department of Housing and Urban Development (HUD) to award Information Systems & Network (ISN) with a contract to serve as Mortgage Compliance Manager (MCM).
17 Jun 2015
FHA INFO #15-43: Extension of the Implementation Date for Mortgagee Letter 2015-07: Trial Payment Plans Associated with HUD?s Loss Mitigation Loan Modification Options for Forward Mortgages
On June 3, the U.S. Department of Housing and Urban Development (HUD) released single family housing news and updates in FHA INFO #15-43.
8 Jun 2015
FHA: HECM Reasonable Diligence Timeframe Extensions
On April 30, the Federal Housing Administration (FHA) issued a memo announcing the immediate rescinding of Mortgage Letter 2015-03 (option of delayed foreclosure proceedings for non-borrowing spouses.)
5 May 2015
FHA Extends Effective Date of Single Family Housing Policy Handbook
On April 30, the Federal Housing Administration (FHA) released a statement from Deputy Assistant Secretary for Single Family Housing Kathleen Zadareky announcing the extension of the effective date of the Single Family Housing Policy Handbook to September 14, 2015.
1 May 2015
FHA Publishes Responses to Comments on Rule Delaying Foreclosure on Non-Borrowing Spouses
On April 30, DS News published an article discussing the Federal Housing Administration’s (FHA) response in the Federal Register to comments pertaining to the Mortgagee Optional Election Assignment for certain Home Equity Conversion Mortgages (HECMs).
1 May 2015