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Around the Industry

November 16, 2018
FHA to Automate Its User Identification Assignment Process. The FHA Connection (FHAC) system has automated its Application Coordinator User ID assignment process. As of Nov. 9, FHA no longer mails paper documentation to a mortgagee’s chief executive officer when a new user ID has been assigned to one of its employees. Notifications will be emailed to the mortgagee’s administrative contact assigned in FHA’s Lender Electronic Assessment portal system. The contact should verify the information in the LEAP system before Nov. 9 and update it as needed. Also beginning Nov. 9, FHA will discontinue mailing to approved appraisers paper-based notifications of the issuance of FHAC user IDs. Notices will be sent by email to the appraisers’ email addresses, which are on file in FHAC. HUD Announces Disaster Assistance for CA Wildfire Victims. The Department of Housing and Urban Development said ...
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