Pam Patenaude, former HUD deputy secretary, joins loanDepot board; VA clarifies process for funding fee waivers; FHA updates single-family housing policy handbook; VA seeks feedback on proposal for appraisal data collection; Freedom Mortgage set to issue non-agency MBS with servicing fees on Ginnie mortgages.
The share of mortgages in forbearance fell substantially over the past year, but the Department of Housing and Urban Development wants servicers to reach out to all homeowners who may still need loss-mitigation assistance.