A coalition of six organizations representing mortgage companies and borrowers has sent a letter to the Federal Housing Administration (FHA), urging the extension of the current loss-mitigation ...

Housing industry pros are largely supportive of the raft of changes the Federal Housing Administration made related to the COVID-19 era loss mitigation waterfall. “The issue is less what they ...

Dovenmuehle Mortgage, Inc. (DMI), a leading mortgage subservicing company, announced today that it maintained a Tier 1 Rating ...

In January 2025 the U.S. Department of Housing and Urban Development (HUD) issued Mortgagee Letter 2025-06 revising servicing and claims requirements and loss mitigation options for FHA insured ...

John Mostellar III, James Wright Jr. The Defect Taxonomy has general definitions of what constitutes either a Tier 1 or Tier 4 defect. Both relate to Findings of fraud or materially misrepresented ...

Five years of COVID-era relief for federally-insured mortgages has helped millions of American homeowners retain their properties, while artificially inflating home prices and leading to the potential ...

The end of FHA loss mitigation could see “some additional homes entering the market from the seller’s side as either those borrowers are forced to sell to avoid foreclosure or once the foreclosure is ...

Add Yahoo as a preferred source to see more of our stories on Google. (Photo: Ronda Churchill/Nevada Current) Five years of COVID-era relief for federally-insured mortgages has helped millions of ...