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News About "Mortgagee Letter"

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FHA Loss Mitigation Compliance Scores - Quarterly reports being issued | Dec. 30, ...
The new system was discussed in Mortgagee Letter 2013-46 from the Department of Housing and Urban Development. Mortgagees will be provided their scores on a quarterly basis. The
HECM Updates Delayed - Feedback prompts HUD to delay implementation | Dec. 20...
Letters 2013-27 and 2013-28 . Mortgagee Letter 2013-27 outlined ... Jan. 13, 2014. Mortgagee Letter 2013-28 provided ... HUD in another mortgagee letter that will delay
DTIs Revised on Manually Underwritten FHA Loans - Move expected to reduce lender...
The effective date of the revised guidelines will be specified in an upcoming mortgagee letter, though it will not occur any earlier than Feb. 10, 2014. next story back to current
HUD Updates REO Appraisal Requirements - New appraisals required in some cases...
The new requirements, outlined in Mortgagee Letter 2013-44, are effective on Feb. 6, 2014. One such scenario requiring a new appraisal is when a direct endorsement underwriter
High Cost FHA Loan Limit Lowered - New FHA limits effective Jan. 1 | Dec. 6, 2013 ...
HUD discussed the changes in Mortgagee Letter 2013-43. But the national ceiling on loans in the highest cost areas is being reduced to $625,500 from $729,750 on single-family
FHA Extends Recertification - Systems delay prompted extension | Nov. 29, 2013...
March 31, 2014, according to Mortgagee Letter 2013-42 from the Department of ... not later than May 31, 2014," the mortgagee letter stated. next story back to current headlines
Mortgage Rates Surge But Could Fall Back - Average 30-year fixed rate 4.35% | Nov....
Requirements for Mortgagees Mortgagee letter discusses FHA ... reporting requirements in Mortgagee Letter 2013-41, and ... monthly basis," the mortgagee letter stated. "Failure of
FHA Clarifies Refi Policies - Guidance issued for unused borrower funds | Sept. 9,...
Development was made in Mortgagee Letter 2013-29 and impacts new FHA loans with case numbers assigned on or after Nov. 1. Borrowers can direct mortgagees how they'd like to use
HECM Guidelines Revised - Updates intended to better preserve MMI Fund | Sept. 3, ...
Mortgagee Letter 2013-27 outlines ... assessment requirements. In addition, Mortgagee Letter 2013-27 outlines funding ... 2014. HUD also released Mortgagee Letter 2013-28, which provides
FHA Cuts Waiting Time for Bankrupt, Foreclosed Borrowers - Shorter times apply...
However a copy might still be available at read Mortgagee Letter 2013-26 next story back to current headlines To see more of the Chicago Tribune or to
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