MBA, Trade Groups Renew Pressure for Senate Action on Montgomery, Woll Nominations

Last October, the Trump Administration nominated FHA Commissioner Brian Montgomery to serve as HUD Deputy Secretary. Despite a favorable vote by the Senate Banking Committee and strong support from trade groups such as the Mortgage Bankers Association, a Senate confirmation vote has yet to take place.

HUD Proposes Enhancements to CWCOT Procedures

HUD, in a draft Mortgagee Letter, proposes to enhance FHA’s Claims Without Conveyance of Title (CWCOT) procedures, a development welcomed by the Mortgage Bankers Association.

HUD Proposes Enhancements to CWCOT Procedures

HUD, in a draft Mortgagee Letter, proposes to enhance FHA’s Claims Without Conveyance of Title (CWCOT) procedures, a development welcomed by the Mortgage Bankers Association.