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HUD to Launch E-Delivery Portal ‘FHA Catalyst’

May 29, 2020
Maria Volkova
The platform currently offers two modules, which allow servicers to submit mortgage supplemental claims and case binder documents.
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Ginnie Mae Mortgages in Forbearance Up At 11%

May 15, 2020
Maria Volkova
Ginnie Mae-insured loans continue to account for the highest percentage of forbearance requests but the relief growth rate is starting to flatten.
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Montgomery Confirmed as HUD Deputy Secretary

May 15, 2020
Maria Volkova
Brian Montgomery’s confirmation as HUD deputy secretary paves the way for Dana Wade’s appointment as the next FHA commissioner.
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FHA Extends Foreclosure and Eviction Moratorium

May 15, 2020
Maria Volkova
FHA is extending its foreclosure and eviction moratorium for single-family properties through June 30. Temporary policy flexibilities for lenders and appraisers also have been extended.
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MBA Seeks Clarification on FHA COVID-19 Partial Claim

May 15, 2020
Maria Volkova
The Mortgage Bankers Association has asked FHA to clarify whether those who opt for the emergency partial claim will be disqualified for a HAMP modification in the next 24 months.
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HUD-OIG Finds Servicers’ Forbearance Information Misleading

May 1, 2020
Maria Volkova
Information provided by FHA servicers regarding forbearance options is “inconsistent and dated,” according to the HUD watchdog.
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Requests for Forbearance on Ginnie Loans Swells to 9.73%

May 1, 2020
Maria Volkova
Pandemic-related forbearance requests continued to rise in the week ending April 19, according to the latest MBA tally.
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Guaranteed Rate Will Pay $15M to Settle FCA Claims

May 1, 2020
Maria Volkova
The nation’s 16th largest home lender settled the FHA charges, which included paying unlawful gifts and commissions to underwriters.
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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.
Read More
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