Wellahead clients are referred by professionals including long-term care providers, financial advisors and estate attorneys.

HECM servicing policy updates finalized; FHA ups 2024 loan limits; Ginnie Mae announces optional early closing date for multiclass transactions; FHA seeks comment on payment supplement final disclosure statement model document; new collaboration to offer homes for sale under FHA’s Claims Without Conveyance of Title second chance program.

The Mortgage Bankers Association is asking VA to release a detailed plan for how servicers will be reimbursed if they participate in VA’s call for a six-month pause on foreclosures for struggling veteran borrowers.

After S&P made changes to its insurer risk-based capital adequacy criteria, Arch Capital canceled eight of its mortgage insurance-linked note transactions, citing newly unfavorable capital treatment.

FHA plans to reduce barriers to the 203(k)-rehabilitation loan program.

Freedom Mortgage’s Allen Middleman has been named chair of the National Association of Mortgage Brokers’ inaugural board of governors that will advise the group on opportunities regarding outreach programs and policy issues.

The rate of foreclosures is too small to play a meaningful role in boosting housing supply, according to panelists at a recent Urban Institute conference.

Servicing practices at credit unions, relatively new participants in the auto ABS market, differ in some ways from the industry at large.

The Department of Veterans Affairs has called on servicers to pause foreclosures on VA home loans through May 31, 2024.

Rep. Maxine Waters, CA, ranking member of the House Financial Services Committee, wants more federal funding for FEMA flood maps and for the NFIP.