Archives For: FHA
HUD: Ben Carson Praises Confirmation of Dana Wade as New FHA Commissioner
U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson applauded the confirmation of Dana Wade to serve as the Federal Housing Administration’s (FHA) commissioner. Wade previously served as acting federal housing commissioner and assistant secretary for housing from July 2017 to June 2018, where she oversaw over 2,400 employees and implemented enhanced risk management and monitoring of FHA’s $1.3 trillion portfolio.
28 Jul 2020
HUD: FHA INFO #20-50: Updated Servicing and Loss Mitigation Section Draft of the Single Family Housing Policy Handbook
The Federal Housing Administration (FHA) has posted a draft revision of the Servicing and Loss Mitigation section (Section III) of the Single Family Housing Policy Handbook 4000.1 on the Single Family Housing Drafting Table for public review and feedback.
14 Jul 2020
HUD: FHA INFO #20-47: Enhancements to FHA’s Claims Without Conveyance of Title (CWCOT) Procedures
The U.S. Department of Housing and Urban Development (HUD) announced enhancements to the FHA’s CWCOT procedures, which must be used for all foreclosure sales and any post-foreclosure sales efforts pursued by the mortgagee.
7 Jul 2020
HUD: Ben Carson Congratulates Brian Montgomery on Deputy Secretary Confirmation
HUD Secretary Ben Carson applauded the confirmation of Brian D. Montgomery to serve as department deputy secretary. As the second most senior official at HUD, Mr. Montgomery will manage the day-to-day operations of the agency and will advise and assist the secretary in leading the department’s nearly 8,000 employees.
12 May 2020
FHA Single Family Housing COVID-19 Q&A
HUD enhanced its COVID-19 FAQ resource to include expanded guidance for a variety of categories related to lending/servicing.
11 May 2020
HUD: Interagency COVID-19 Servicer Fact Sheet
HUD published an informational resource created for servicers with loans insured or guaranteed by the Federal Housing Administration (FHA), Department of Veterans Affairs (VA) or Rural Housing Service (RHS).
6 May 2020
HUD: FHA INFO #20-20: Continuation of FHA Single Family Business Operations Related to COVID-19
The U.S. Department of Housing and Urban Development (HUD) issued single family housing and news updates in FHA INFO #20-20. Included is guidance relating to FHA single family business operations as well as a temporary partial waiver of servicing requirements regarding face-to-face borrower contact amid the Coronavirus COVID-19 outbreak.
13 Mar 2020
HUD: FHA INFO #20-18: Loss Mitigation Home Retention Options for Assisting Borrowers
The U.S. Department of Housing and Urban Development (HUD) issued single family housing and news updates in FHA INFO #20-18.
9 Mar 2020
HUD: FHA INFO #20-16: Coronavirus Information Available
On March 3, the U.S. Department of Housing and Urban Development (HUD) issued single family housing and news updates in FHA INFO #20-16.
3 Mar 2020
FHA INFO #20-15: Proposed CWCOT Enhancements
The U.S. Department of Housing and Urban Development (HUD) announced that it has posted proposed enhancements to its Claims Without Conveyance of Title (CWCOT) program on its Single Family Housing Draft Table. All FHA-approved mortgagees, servicers, and other interested stakeholders are invited to review the posted content and provide feedback on the proposed program updates through March 9, 2020.
24 Feb 2020