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FHA
Issues Recertification for Condos: New
guidance has been issued for recertifying condominiums.
FHA
Short REFI Opportunity for Underwater Homeowners: HUD
announced on 08/06/10 details on the adjustment to its refinance program that
will enable lenders to provide additional refinancing options to homeowners who
owe more than their home is worth.
Read the press
release...
From the Desk of the FHA Commissioner: Stay
up to date with the latest news from the Desk
of the FHA Commissioner. Housing
Counseling Program Notice of Funding Availability (NOFA) FY2010: HUD
announced on 07/27/10 that $79 million is available for a broad range of housing
counseling programs to help families find & preserve housing. Read
more... FHA "First Look"
Sales Method for Eligible NSP Purchasers: HUD
announced on 7/12/10 a new initiative that gives governments & nonprofits
participating in the NSP program preference to acquire HudHomes.
Announcing
the HopeLoan Port: The
HOPE NOW Alliance recently announced the
launch of a new web portal, HOPE
LoanPort™, that HUD believes has the potential to significantly improve the
execution of HAMP
& non-HAMP modifications. FHA
Announces Policy Changes to Address Risk & Strengthen Finances:
Commissioner David Stevens has announced changes to strengthen the FHA’s capital
reserves, while enabling the agency to continue to fulfill its mission.
Read
the
press
release &
the Federal Register
Notice.
Making
Home Affordable (MHA): Find
out how MHA can help homeowners facing foreclosure find help with their mortgage.
Visit:
www.makinghomeaffordable.gov
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