Archives For: servicing
FHA INFO #20-13: Training Opportunities
The U.S. Department of Housing and Urban Development (HUD) issued single family housing and news updates in FHA INFO #20-13.
14 Feb 2020
FHFA: Foreclosure Prevention Report – October 2019
The Federal Housing Finance Agency (FHFA) issued its October 2019 Foreclosure Prevention Report.
3 Feb 2020
FHFA: Updated Minimum Financial Eligibility Requirements for Fannie Mae and Freddie Mac Seller/Servicers
The Federal Housing Finance Agency (FHFA) proposed updated minimum financial eligibility requirements for Fannie Mae and Freddie Mac seller/servicers.
31 Jan 2020
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
FHA INFO #20-06: FHA Welcomes New Deputy Assistant Secretary for the Office of Single Family Housing
The U.S. Department of Housing and Urban Development (HUD) issued single family housing and news updates in FHA INFO #20-06.
22 Jan 2020
HUD: FHA INFO #20-05: Reminder – Guidance Regarding Presidentially-Declared Major Disaster Areas
The U.S. Department of Housing and Urban Development (HUD) issued single family housing and news updates in FHA INFO #20-05.
17 Jan 2020
HUD: Federal Financial Monitor Appointed to Oversee Puerto Rico, U.S. Virgin Islands Disaster Recovery Funds
HUD announced Robert M. Couch as the federal financial monitor to oversee the grant administration and disbursement process of disaster recovery funds to Puerto Rico and the U.S. Virgin Islands.
16 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: Single Family Housing Guaranteed Loan Program Integration Update
The U.S. Department of Agriculture (USDA) issued a release outlining the imminent transition of the Single Family Housing Guaranteed Loan Program (SFHGLP) to an integrated, national model. The transition will begin on December 8, 2019.
6 Dec 2019
HUD: FHA INFO #19-59: 2020 Nationwide Home Equity Conversion Mortgage Limits
The U.S. Department of Housing and Urban Development (HUD) issued single family housing and news updates in FHA INFO #19-59.
3 Dec 2019