The government guarantor aims to distinguish delinquencies reported as a result of a Federal Housing Administration rule ...

The FHA has extended the deadline for servicers to comply with a new loss mitigation framework to Dec. 30. The changes aim to support homeownership and protect taxpayer dollars. AI Summary The Federal ...

Both the FHA and VA have established new loss mitigation options to provide payment reduction to delinquent borrowers. On February 21, 2024, the Federal Housing Administration (“FHA”) within the U.S.

Housing industry pros are largely supportive of the raft of changes the Federal Housing Administration made related to the COVID-19 era loss mitigation waterfall. “The issue is less what they ...

Long-awaited updates to the U.S. Department of Housing and Urban Development’s (HUD) 203(k) program have been announced. Not only will home-rehabbers have more money to work with to make upgrades, but ...

On today’s Mortgage Law Today at 3PM ET, sponsored by Polunsky Beitel Green, LLP, Brian Levy sits down with Mitch Kider to unpack the shifting legal and regulatory landscape facing mortgage lenders, ...

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The days when published a monthly tally of the number of loan modifications made by servicers under several public and private sector programs are long gone, but modifications are still needed and ...

Leah Campbell, Christian Hancock, James Wright Jr. In a bid to avoid a wave of COVID-19-related foreclosures, the Department of Housing and Urban Development (HUD) published Mortgagee Letter 2021-18 ...