July 10, 2020By Maria VolkovaHUD Extends Flexibilities for Employment Re-verification Lenders don’t have to provide re-verification of borrower employment to HUD within 10 days of the mortgage note.
July 10, 2020By Maria VolkovaHUD Issues Updates to CWCOT ProceduresChanges to FHA’s claims without conveyance of title procedures include updated appraisal requirements and enhanced discounts applied to appraised values.
July 10, 2020By Maria VolkovaFHA/VA Loans in Forbearance DropMBA’s June 28 tally shows Ginnie Mae-backed loans in forbearance declined by 11 basis points to 11.72%.