The Federal Housing Administration on Wednesday posted a draft Mortgagee Letter about modernizing engagement with borrowers in default. The agency seeks review and feedback.
Tag: Mortgagee Letter
FHA Establishes New Payment Supplement Loss Mitigation Home Retention Solution
The Federal Housing Administration on Wednesday published a Mortgagee Letter establishing a new Payment Supplement loss mitigation home retention solution.
MBA, Trade Groups Give HUD Feedback on CWCOT Program
The Mortgage Bankers Association, the Housing Policy Council and the National Mortgage Servicing Association submitted joint comments to HUD on its proposed enhancements to its Claims Without Conveyance of Title (CWCOT) Program).
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.