The Federal Housing Administration has awarded a national contract to provide free technical assistance training to FHA mortgagees. A survey of thousands of FHA lenders is being used to help determine the content and delivery method of the courses.
A news release Wednesday indicated that Total Learning Solutions was awarded the contract. The company is a government contractor based in Maryland.
Along with AllRegs, the exclusive mortgage industry partner for Total Learning, the team will be responsible for providing professional, technical and administrative services to deliver technical-assistance training. Total Learning handles the administrative portion of the contract, while AllRegs handles the training.
The training is intended to address the housing crisis by educating mortgagees about FHA guidelines and ensuring compliance with the guidelines.
According to Dan Thoms, executive vice president for AllRegs, the first phase of the project was to survey more than 3,000 FHA lenders to find out exactly what training they desire and how they want it delivered. The results of the survey and recommendations will be provided to FHA, and the housing agency will determine the curriculum and logistics.
FHA lenders will then receive the training at no cost, with AllRegs — a Mortgage Daily advertiser — leveraging its extensive existing FHA training material. Some of the content will be based on local FHA lending.
Participants will include production personnel, quality control employees and other staff.
The contract is being administered nationally through FHA in conjunction with the Office of Fair Housing and Equal Opportunity and the Office of the Inspector General for the Department of Housing and Urban Development.
“The delivery of this comprehensive training curriculum will support the implementation of policies and program changes to FHA programs as a result of legislation and other issues,” the announcement said.
