FHA issued a waiver regarding the timeframe for completing damage inspections in presidentially-declared disaster areas in California. FHA currently requires that all properties with pending
FHA issued Mortgagee Letter 2018-06, setting forth amended appraisal requirements for Home Equity Conversion Mortgages (HECMs). Per the Mortgagee Letter, FHA will perform a collateral
FHA issued a waiver regarding the timeframe for completing damage inspections in presidentially-declared disaster areas in Hawaii. FHA currently requires that all properties with pending
FHA issued Mortgagee Letter 2018-05, revising the order of the Loss Mitigation waterfall for borrowers affected Hurricane Maria. Per the Mortgagee Letter, FHA moved the
FHA extended the HECM foreclosure moratorium for properties located in Puerto Rico and the Virgin Islands affected by Hurricane Maria. The foreclosure moratorium is extended
FHA eliminated regulations with respect to the Inspector Roster (Roster). The Roster is a list of inspectors approved by FHA as eligible to determine whether
FHA conditionally extended the foreclosure moratorium for properties located in Puerto Rico and the Virgin Islands affected by Hurricane Maria. To qualify for the conditional
FHA extended the HECM foreclosure moratorium for properties located in Puerto Rico and the Virgin Islands affected by Hurricane Maria. The foreclosure moratorium is extended
FHA extended the foreclosure moratorium for properties located in Puerto Rico and the Virgin Islands that were affected by Hurricane Maria. The foreclosure moratorium is
FHA established a Disaster Standalone Partial Claim option for borrowers whose property and/or place of employment was adversely affected by Hurricanes Harvey, Irma and Maria,
FHA issued Mortgagee Letter (ML) 2025-14 revising and streamlining policy established in ML 2024-24 (Modernization of Engagement with Borrowers in Default) and providing clarifications to
Hawaii passed a bill amending the state’s nonjudicial power of sale foreclosure laws by adding 2 new sections to Chapter 667 (Foreclosures). Under the bill,
Oklahoma passed a bill amending breach of security requirements. Under the bill, a requirement was added that individuals and entities that own or license personal
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