October 2, 2020By Maria VolkovaMBA, NAR Urge Congress Not to Raise Fees on IRRRLsRecently proposed legislation would raise the IRRRL fee from 50 basis points to 85 bps. Lenders are not happy.
October 2, 2020By Maria VolkovaVA Allows Deferment as Loss-Mitigation OptionDeferment can only be used as a loss-mitigation option if a vet is able to resume making monthly payments as scheduled under the contract.
October 2, 2020By Maria VolkovaGAO Finds HUD Data Protection Protocols LackingAccording to GAO, HUD is not able to fully identify what sensitive information is shared, stored and processed with external entities.