In order to do appraisals for FHA loans (including reverse mortgages and REO properties), you must be listed on the FHA appraiser roster. Below, we’ve provided answers to several common questions regarding how to get on the FHA roster. Whether you’re a new applicant or a former FHA roster appraiser, we hope you find the following information helpful. What are …
Read More »FHA to Extend Foreclosure & Eviction Ban
This extends the ban until next year and covers the roughly 8.1 million homeowners with single-family mortgages insured by the FHA. The post FHA to Extend Foreclosure & Eviction Ban appeared first on DSNews.
Read More »Industry Experts Discuss CWCOT Changes
Industry experts expect changes in CWCOT program to improve FHA success at minimizing losses. Click here to listen to the complimentary webinar. The post Industry Experts Discuss CWCOT Changes appeared first on DSNews.
Read More »Industry Reaction: Dana Wade Confirmed as Federal Housing Commissioner
HUD Secretary Dr. Benjamin Carson said, “Dana has been a tremendous asset to the Department and the Administration throughout her years of service, and I have full confidence in her ability to successfully lead FHA.” The post Industry Reaction: Dana Wade Confirmed as Federal Housing Commissioner appeared first on DSNews.
Read More »FHA Proposes Revisions to Single-Family Servicing Policies
The Administrations said its proposals are designed to strengthen the servicers’ ability to “keep families experiencing financial challenges in their homes.” The post FHA Proposes Revisions to Single-Family Servicing Policies appeared first on DSNews.
Read More »FHA, FHFA Announce Extended Assistance for Homeowners
The Federal Housing Finance Agency (FHFA) announced that the GSEs—Fannie Mae and Freddie Mac—will extend several loan origination flexibilities until August 31. These flexibilities were set to expire on July 31, 2020. Extended flexibilities include: Alternative appraisals on purchase and rate term refinance loans; Alternative methods for documenting income and verifying employment before loan closing; … The post FHA, FHFA …
Read More »HUD Updates on CWCOT Enhancements
The FHA said this proposal will help make the program “more viable” for foreclosure sales associated with defaulted FHA-insured mortgages. The post HUD Updates on CWCOT Enhancements appeared first on DSNews.
Read More »Avoiding Foreclosure at All Costs
New research highlights areas for improvement in HUD and FHA’s foreclosure prevention actions during the Great Recession with implications for the current market. The post Avoiding Foreclosure at All Costs appeared first on DSNews.
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