Archives For: HUD
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
HUD: FHA INFO #21-11: COVID-19 Loss Mitigation Policies Webinar
The U.S. Department of Housing and Urban Development (HUD) announced the availability of a pre-recorded webinar that discusses the various policies outlined in Mortgagee Letter (ML) 2021-05, Extensions of Single Family Foreclosure and Eviction Moratorium, Start Date of COVID-19 Initial Forbearance, and Home Equity Conversion Mortgage (HECM) Extension Period; Expansion of COVID-19 Loss Mitigation Options.`
23 Feb 2021
HUD: Texas Winter Storm Federal Disaster Assistance
The U.S. Department of Housing and Urban Development (HUD) announced the implementation of federal disaster assistance for the State of Texas to provide support to homeowners and homebuyers in areas affected by a severe winter storm.
22 Feb 2021
HUD: Extensions and Expansions of COVID-19 Homeowner Relief
The U.S. Department of Housing and Urban Development (HUD) announced that it has extended the time frame for homeowners to request the start of a COVID-19 forbearance from their mortgage servicer through June 30. This extension provides homeowners with additional time to request a forbearance from their mortgage servicer.
16 Feb 2021
HUD: Additional Key Staff Announcement
U.S. Department of Housing and Urban Development (HUD) Chief of Staff Jenn Jones announced the appointment of new key staff members.
16 Feb 2021
HUD: Multiple COVID-19 Temporary Policy Waivers
The U.S. Department of Housing and Urban Development (HUD) announced several temporary provisions issued through policy waivers to help mitigate the impacts of the COVID-19 pandemic on borrowers with FHA-insured mortgages and mortgagees.
3 Feb 2021