Archives For: HUD
HUD Mortgagee Letter 2015-23: New Single Family Mortgagee Compliance Manager (MCM)
The U.S. Department of Housing and Urban Development (HUD) released Mortgagee Letter 2015-23. The letter introduces Information Systems & Networks Corporation (ISN) as HUD’s new Mortgagee Compliance Manager (MCM).
1 Oct 2015
HUD Mortgagee Letter 2015-24: Single Family Foreclosure Policy and Procedural Changes for HUD Title II Forward Mortgages and Reverse Mortgages
The U.S. Department of Housing and Urban Development (HUD) released Mortgagee Letter 2015-24. The letter updates HUD’s Reasonable Diligence time frame, schedule of attorney fees for all jurisdictions and Cash for Key’s Relocation allowances.
1 Oct 2015
HUD Mortgagee Letter 2015-21: Automatic Extensions to HUD’s Initiation of Foreclosure Timeline
The U.S. Department of Housing and Urban Development (HUD) released Mortgagee Letter 2015-21. The letter provides guidance relating to HUD’s regulatory requirement for mortgagees to utlize a Loss Mitigation Option or initiate foreclosure within six months of the date of default.
28 Sep 2015
MCM UpDate Issue #18
Michaelson, Connor and Boul (MCB), the Mortgagee Compliance Manager for the U.S. Department of Housing and Urban Development (HUD) have published MCM UpDate Issue #18.
22 Sep 2015
HUD Announces Relief for Victims of Hurricane Sandy
The U.S. Department of Housing and Urban Development (HUD) issued a press release announcing a decision to not require repayment of “duplicate” benefits from thousands of New York and New Jersey homeowners affected by Hurricane Sandy.
16 Sep 2015
HUD Mortgagee Letter 2015-20: Revision of Notice to Occupants of Pending Acquisition (NOPA)
The U.S. Department of Housing and Urban Development (HUD) released Mortgagee Letter 2015-20. The letter provides a revised Sample Notice to Occupants of Pending Acquisition (NOPA) and to eliminate references to occupancy rights under the expired Protecting Tenants at Foreclosure Act (PTFA).
15 Sep 2015
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
FHA INFO #15-63: Multi-Topic Announcement: Single Family Handbook: Feedback Period Extended for Draft Claims and Disposition Section // EAD Portal Onboarding Temporarily Delayed
The U.S. Department of Housing and Urban Development (HUD) released single family housing and news updates in FHA INFO #15-63.
18 Aug 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
HUD MCM Contract Response Letter to MBA
The Mortgage Bankers Association (MBA) has released a letter from the U.S. Department of Housing and Urban Development (HUD) in response to the MBA’s questions regarding the new Mortgagee Compliance Manager (MCM) contract.
7 Aug 2015