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Home » Store » Taxable » State Housing Agency Performs Best in Loss Mitigation Among 50 Largest FHA Servicers

State Housing Agency Performs Best in Loss Mitigation Among 50 Largest FHA Servicers

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The Virginia Housing Development Authority turned in the best showing in mitigating losses on FHA-insured single-family mortgages among the 50 largest servicers involved in this market, according to new data released by the Department of Housing and Urban Development. The state agency, which services a relatively small portfolio of 13,782 FHA loans, performed considerably stronger than its peers in the "medium high volume" category of servicers on the two basic measures considered by HUD. Those
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