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HUD Warns Borrowers Against Phone, Email Scams

May 1, 2020
Maria Volkova
The HUD inspector general has outlined “red flags” homeowners should be aware of when considering relief offers related to COVID-19.
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HUD Allows HECM Lenders Leeway in Filing Documents

April 17, 2020
Maria Volkova
HUD has approved alternative documentation for claim payments as well as extending deadlines for delivery.
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Top-Ranked FHA Lenders Increase Hiring

April 17, 2020
Maria Volkova
A handful of top-ranked FHA lenders have ramped up their hiring in anticipation of processing a boatload of forbearance requests.
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Relief for Borrowers With FHA Multifamily Mortgages

April 17, 2020
Maria Volkova
Multifamily borrowers with FHA-insured loans can receive forbearance for 90 days under the CARES Act.
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Around the Industry

April 17, 2020
Maria Volkova
Greystone to provide $25 million in HUD-insured construction financing for a multifamily project; the COVID-19 outbreak has spurred technological innovation at FHA; A new hire for Down Payment Resource.
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HUD Extends Forbearance as Unemployment Rises

April 3, 2020
Maria Volkova
HUD extends forbearance for a six-month period. As unemployment spikes, FHA/VA servicers brace themselves for delinquencies.
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FHA/VA Lenders Raise Credit Score Requirements

April 3, 2020
Maria Volkova
In the wake of the pandemic, FHA and VA lenders are raising credit score minimums, at least temporarily. Some are in mid-600s.
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VA Guidance for Lenders in Response to COVID-19

April 3, 2020
Maria Volkova
The VA has released two notices outlining how lenders should address borrowers affected by COVID-19.
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FHA is Looking to Fill Vacancies

April 3, 2020
Maria Volkova
The window for applying for most of these jobs is a little more than a week.
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VA Securitization Volume Increases Sharply in 2019

March 20, 2020
Namrata Bhatia
VA deliveries into Ginnie MBS increased a stunning 44.5% in 2019. The share of refis in total VA securitization saw a sharp increase too. (Includes data chart.)
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