House Financial Services Committee Chair Maxine Waters is asking HUD, VA and USDA to address a month-long gap in protections that are meant to help keep borrowers from foreclosure during the pandemic.
Investors in Ginnie MBS will soon receive new pool-level data as part of disclosures regarding environmental, social and governance factors. (Includes data chart.)
Servicers of government-insured lending programs face new requirements from HUD to offer updated payment forbearance options to homeowners who faced financial difficulties during the pandemic.
FHA should offer borrowers a flexible loan-modification option that would use a portion of a servicer’s partial claim amount to reduce a borrower’s monthly payment, dollar for dollar, according to analysts at UI.
Mortgage industry participants are suggesting HUD temporarily redistribute underwriting workloads across regions based on the size of their respective pipelines.
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