Archives For: loss claim
USDA: Handbook Updates: Loss Claim and Loss Mitigation
The USDA published new 3555 Handbook chapters in response to a final rule (effective April 24) that will streamline the loss claim process for lenders who have acquired title to property through voluntary liquidation or foreclosure and better align loss mitigation policies with the mortgage industry.
27 Jan 2020
USDA: Final Rule: Loss Claim and Loss Mitigation
The U.S. Department of Agriculture (USDA) announced that a previously proposed rule designed to streamline the loss claim process for lenders who have acquired title to property through voluntary liquidation or foreclosure and better align loss mitigation policies with the mortgage industry has been published in the Federal Register. The rule will become effective on April 24, 2020.
26 Dec 2019
USDA: TRAINING OPPORTUNITY – Loss Mitigation, Property Disposition and Loss Claim Training
The U.S. Department of Agriculture (USDA) issued an update announcing several upcoming training sessions for participating lenders.
29 Mar 2017