Archives For: HUD
HUD: Chief of Staff Announces Leadership Appointments
The U.S. Department of Housing and Urban Development (HUD) issued a statement from Chief of Staff Jenn Jones announcing several leadership appointments.
26 Jan 2021
FHA INFO #21-05: Foreclosure and Eviction Moratorium Policy Extension
The FHA announced a moratorium of foreclosures and evictions for single family properties with FHA-insured mortgages through March 31, 2021.
21 Jan 2021
Biden Appoints New HUD Chief of Staff
HousingWire published an article highlighting the installation of Jenn Jones as the new chief of staff for the U.S. Department of Housing and Urban Development (HUD).
21 Jan 2021
HUD Face-to-Face: Is it a Condition Precedent?
DS News published an article authored by McCalla Raymer Leibert Pierce, LLC Partner Charles P. Gufford. In it, Gufford reviews two recent Florida Fourth District Court of Appeals cases related to the HUD Face-to-Face Provision.
15 Jan 2021
FHA: Foreclosure and Eviction Moratorium Extension
The Federal Housing Administration (FHA) announced that it is extending its foreclosure and eviction moratorium for single family FHA-insured mortgages for an additional two months, through February 28, 2021.
21 Dec 2020
FHA INFO #20-95: FHA Extends the Expiration Dates for Multiple COVID-19 Related Policies
The Federal Housing Administration (FHA) announced extensions to several temporary provisions previously
instituted through Mortgagee Letters and policy waivers to help mitigate the impacts of the COVID-19 pandemic on borrowers with FHA-insured mortgages and mortgagees.
21 Dec 2020
FHA INFO #20-94: FHA Catalyst: Claims Module Now Accepting All FHA Forward Mortgage Claim Types
The U.S. Department of Housing and Urban Development (HUD) announced the addition of the remaining single family forward mortgage claim types within the FHA Catalyst Claims Module.
16 Dec 2020
HUD: FHA INFO #20-92: Wire Transfers for Secretary-Held HECMs and Partial Claims
The U.S. Department of Housing and Urban Development (HUD) announced that all payoffs for secretary-held HECMs and partial claims must be sent to its loan servicing contractor, Novad Management Consulting, in the form of certified funds, such as a cashier’s check.
9 Dec 2020
Report: Biden Picks Marcia Fudge to Lead HUD
According to news outlets, President-Elect Joe Biden has reportedly selected Ohio congresswoman Marcia Fudge to serve as secretary for the U.S. Department of Housing and Urban Development (HUD). DS News offers a summary of media coverage.
8 Dec 2020
HUD: FHA INFO #20-89: 2021 Nationwide Home Equity Conversion Mortgage Limits
The U.S. Department of Housing and Urban Development (HUD) published Mortgagee Letter 2020-42, which provides the calendar year 2021 maximum claim amount for FHA-insured traditional Home Equity Conversion Mortgages (HECM), HECM for purchase, and HECM-to-HECM refinances.
2 Dec 2020