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Home » Industry News & Reference » Loan Servicing » Page 6

Loan Servicing

Financial Assessment Is Working (Part III)

Financial Assessment is still working. FHA’s new policy of requiring the financial assessment (“FA”) of the borrower’s ability to pay has cut tax and insurance default by nearly … more Financial Assessment Is Working (Part III)

Posted on 08/17/2017 Categories Loan Servicing, Regulations

Financial Assessment Looks Better and Better

Financial Assessment is still working, only more so. FHA’s new policy of requiring financial assessment (“FA”) of the borrower’s ability to pay has cut tax and insurance default … more Financial Assessment Looks Better and Better

Posted on 05/25/2017 Categories HUD, Loan Servicing

Helping Delinquent HECM Borrowers in IL and CA

The Illinois Housing Development Authority (IHDA) launched the Reverse Mortgage Assistance Program last week to help HECM borrowers in the Prairie State who are in technical default for … more Helping Delinquent HECM Borrowers in IL and CA

Posted on 04/14/2017 Categories HUD, Loan Servicing

Financial Assessment Works

Financial Assessment is working. FHA’s new policy of requiring financial assessment (“FA”) of the borrower’s ability to pay has cut tax and insurance default by two-thirds and serious … more Financial Assessment Works

Posted on 03/02/2017 Categories HUD, Loan Servicing, Secondary Markets

New Collaboration Focuses on CA Borrowers

The HOPE NOW Alliance and ClearPoint Credit Counseling Solutions are collaborating on a one-year pilot program that assists homeowners in California who have reverse mortgage issues, concerns and … more New Collaboration Focuses on CA Borrowers

Posted on 01/13/2017 Categories Counseling, HUD, Industry News & Reference, Loan Servicing

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