The delinquency rates on FHA and VA loans decline; USDA revises areas that no longer qualify as “rural” under its single-family housing program; FHA has released updates to its single-family housing policy handbook.
NFHA submits comments on HUD’s proposed rule on protections for persons with disabilities; HUD’s Office of Housing Counseling to host virtual community conference.
Recipients of the Housing Assistance for Veterans grants can use the funds for downpayments or closing costs to help purchase a first home, the Federal Home Loan Bank of Dallas said.
The new bill would reduce or eliminate processing delays, thereby encouraging more lenders to participate in trust land mortgage lending, according to the Mortgage Bankers Association.
The proposed rule would expand the methods of communication servicers can use to reach borrowers in default in order to comply with HUD’s face-to-face meeting requirements.