RHS Revises Area Loan Limits for 24 States
RHS revised the area loan limits for 24 states. The 24 states are: California, Colorado, Delaware, Florida, Georgia, Hawaii, Indiana, Iowa, Maryland, Minnesota, Mississippi, Missouri,
RHS revised the area loan limits for 24 states. The 24 states are: California, Colorado, Delaware, Florida, Georgia, Hawaii, Indiana, Iowa, Maryland, Minnesota, Mississippi, Missouri,
RHS issued an announcement outlining the relief measures loan holders and loan servicers should employ to assist borrowers affected by Hurricane Florence. The measures include
RHS amended the income limits under the Single Family Housing Guaranteed Loan Program. Appendix 5 of the Single Family Housing Guaranteed Loan Program Technical Handbook
RHS amended chapter 3 of the SFH Guaranteed Loan Program Technical Handbook (HB-1-3555). Pursuant to the amendments, RHS added language to specify that lender re-certification
RHS revised Form RD 3555-21 “Request for Single Family Housing Loan Guarantee” (Form). Effective November 1, 2018, all loan packages must include the revised Form
RHS issued a waiver (under the Single Family Housing Guaranteed Loan Program) allowing lenders and servicers to offer a loan modification interest rate that exceeds
RHS extended the foreclosure moratorium for properties affected by Hurricane Maria. The foreclosure moratorium is extended until June 19, 2018. This extension applies to new
RHS amended chapter 18 of the SFH Guaranteed Loan Program Technical Handbook (HB-1-3555). Pursuant to the amendments, RHS revised guidance with respect to the servicing
RHS established special relief measures for borrowers impacted by natural disasters. In addition to standard workout options, lenders and servicers may offer the special relief
RHS revised the area loan limits for California, Colorado, Delaware, Florida, Georgia, Hawaii, Indiana, Iowa, Maryland, Minnesota, Mississippi, Missouri, Montana, Nevada, North Carolina, North Dakota,
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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