Archives For: HUD
HUD Issues ANPR on New Non-LIBOR Index Rate for ARMs
HUD issued an advanced notice of proposed rulemaking regarding adoption of a new index rate for FHA-insured adjustable rate mortgages (ARMs), as the previously-used London Interbank Offered Rate (LIBOR) is set to be discontinued.
21 Oct 2021
New HUD Rule Aims to Prevent Public Housing Evictions
A proposed HUD rule will ban evictions without giving tenants 30-days’ notice and providing info on available federal emergency assistance.
11 Oct 2021
HUD Homes More Likely to be in Floodplains
Repossessed homes sold by the Department of Housing and Urban Development between 2017 and 2020 were almost 75 times more likely to be in federally designated floodplains than other homes sold during that timeframe.
13 Sep 2021
HUD: FHA INFO #21-66: Waivers for COVID-19 Recovery Options
The Federal Housing Administration (FHA) issued partial waivers addressing a mortgagee’s timeframes and borrower eligibility for a required review or re-review for the COVID-19 Advance Loan Modification and COVID-19 Recovery Loss Mitigation Options.
5 Aug 2021
HUD: Federal Housing Administration Extends Single Family Eviction Moratorium
The Federal Housing Administration (FHA) announced an extension of its moratorium on evictions for foreclosed borrowers and their occupants through September 30, 2021, and noted the expiration of the foreclosure moratorium on July 31, 2021.
30 Jul 2021
HUD: FHA INFO #21-61: COVID-19 Recovery Loss Mitigation Options
The Federal Housing Administration (FHA) published Mortgagee Letter 2021-18 (COVID-19 Recovery Loss Mitigation Options), which announces streamlined loss mitigation options to help homeowners who have been financially impacted by the COVID-19 pandemic remain in their homes.
23 Jul 2021
HUD: FHA INFO #21-59: New Handbook 4000.1 Update
The Federal Housing Administration (FHA) published a new update to Single Family Housing Policy Handbook 4000.1. The updates include enhancements and revisions to existing guidance as well as various other technical edits.
20 Jul 2021
HUD: FHA INFO #21-55: COVID-19 Loss Mitigation Polices Webinar
The Federal Housing Administration (FHA) announced the availability of a pre-recorded webinar that discusses in greater detail the policies outlined in Mortgagee Letter 2021-15 (COVID-19 guidance).
9 Jul 2021
HUD: Key Staff Appointment Announcement
The U.S. Department of Housing and Urban Development (HUD) announced several key additions to internal staff since March.
9 Jul 2021
Biden Nominates Two for Top HUD Roles
DS News published an article providing an overview of HUD leadership role nominees from President Joe Biden.
28 Jun 2021