Archives For: HUD
HUD: FHA INFO #21-49: FHA Catalyst Functionality Updates
The Federal Housing Administration (FHA) released enhancements to the FHA Catalyst: Claims Binder Module. Included are functionalities that allow mortgagees to receive notification that prevents duplicate claim submissions and add documents/files to an existing claim submission.
28 Jun 2021
HUD: More Measures to Help Homeowners Struggling Due to COVID-19
The U.S. Department of Housing and Urban Development (HUD) extended its foreclosure and eviction moratoria for all FHA-insured single family mortgages (except vacant or abandoned properties) through July 31, 2021.
25 Jun 2021
HUD: Updated Servicing and Loss Mitigation Section of Handbook 4000.1
The U.S. Department of Housing and Urban Development (HUD) delayed the effective date for policy changes published to Section III (Servicing and Loss Mitigation), Appendix 4.0 (FHA-HAMP Calculations) and Appendix 5.0 (Schedule of Standard Possessory Action and Deed-In-Lieu of Foreclosure Attorney Fees) of Single Family Housing Policy Handbook 4000.1.
24 Jun 2021
HUD: Disaster Recovery Funds for Puerto Rico and USVI
The U.S. Department of Housing and Urban Development (HUD) published a Federal Register notice governing the use of $2 billion in Community Development Block Grant Disaster Recovery (CDBG-DR) funds for electric power system enhancements and improvements for Puerto Rico and the U.S. Virgin Islands.
21 Jun 2021
HUD: Adrianne Todman Sworn in as Deputy Secretary
The U.S. Department of Housing and Urban Development (HUD) announced that Adrianne Todman was officially sworn in as the twelfth deputy secretary of housing and urban development.
14 Jun 2021
HUD: FHA INFO #21-28: COVID-19 Loss Mitigation Option Review
The U.S. Department of Housing and Urban Development (HUD) issued a release providing clarification on when it is appropriate to begin reviewing borrowers for COVID-19 loss mitigation options.
7 May 2021
HUD: FHA INFO #21-24: Servicing and Loss Mitigation Webinar
HUD announced the availability of a pre-recorded webinar covering the policy changes and process improvements to the Servicing and Loss Mitigation section of Handbook 4000.1 published on April 19, 2021.
26 Apr 2021
HUD: Updated Servicing and Loss Mitigation Section of Handbook 4000.1
The U.S. Department of Housing and Urban Development (HUD) announced updates to the Servicing and Loss Mitigation section (Section III) of Single Family Housing Policy Handbook 4000.1.
19 Apr 2021
HUD: Accelerated Access to Puerto Rico Disaster Relief Funds
The U.S. Department of Housing and Urban Development (HUD) announced the obligation of $8.2 billion in Community Development Block Grant Mitigation funds for Puerto Rico, along with the removal of onerous restrictions unique to Puerto Rico that limited the island’s access to recovery funds that were allocated following Hurricane Maria in September 2017.
19 Apr 2021
Senate Vote Confirms Marcia Fudge as HUD Secretary
The U.S. Department of Housing and Urban Development (HUD) announced that Marcia L. Fudge has been sworn in as the eighteenth department secretary.
10 Mar 2021