Archives For: FHA
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
FHA Announces Reverse Mortgage Foreclosure Alternative
On March 16, DS News released an article titled Consumer Advocates Concerned Over Non-Borrowing Spouses Facing Foreclosure.
19 Mar 2015
Oral Testimony of Secretary Julian Castro U.S. House Committee on Financial Services Hearing on the Federal Housing Administration
On February 11, the U.S. Department of Housing and Urban Development (HUD) issued a press release titled Oral Testimony of Secretary Julian Castro U.S. House Committee on Financial Services Hearing on the Federal Housing Administration.
12 Feb 2015
FHA Mortgagee Letter 2015-04
On February 4, the Federal Housing Administration (FHA) published Mortgagee Letter 2015-04, subtitled Revised Notification to Homeowners of Availability of Housing Counseling Services.
6 Feb 2015
Castro: It?s Time to ?Remove the Stigma? Promoting Homeownership
On January 13, DS News published an article outlining a speech made by U.S. Department of Housing and Urban Development (HUD) Secretary Julian Castro at the National Press Club.
14 Jan 2015