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FHA extends foreclosure and forbearance policies to 2021

Housing Wire

Ten days ahead of the latest expiration date, the Department of Housing and Urban Development announced that the Federal Housing Administration is providing a two-month extension of its foreclosure and eviction moratorium, and initial forbearance requests through Feb. Presented by: VRM Mortgage Services. 28, 2022.

Insurance 545
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Zillow to list housing discrimination protections

Housing Wire

The app also lists any local laws protecting renters who use veteran’s benefits or Social Security insurance payments to pay their rent. The update expands Zillow’s Local Legal Protections tool, which was created in 2018 to help LGBT home searchers identify if their rights were protected by local laws in certain jurisdictions.

Landlords 457
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FHFA appoints general counsel to create “world-class regulator”

Housing Wire

Clinton’s long-standing career in public service, in-depth legal expertise in housing policy and executive leadership skills will help bolster FHFA’s work as a world-class prudential regulator.”. Presented by: Motto Mortgage. Prior to joining the agency, he served for 24 years in various senior legal roles at the U.S.

Legal 438
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Another Trump-era official out at FHFA

Housing Wire

The Federal Housing Finance Agency today announced the hiring of a new legal advisor to FHFA Acting Director Sandra Thompson as well as the replacement of a Trump-era hire with a veteran agency official. Presented by: Snapdocs. The agency will also make permanent its acting chief operating officer.

Legal 289
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Cenlar FSB taps co-CEOs to replace Greg Tornquist

Housing Wire

Chief Operating Officer Rob Lux was named co-CEO for operations, technology, business development, client management, human resources, and legal. Presented by: Newbold. Dave Applegate, a board member since 2020, has been named the company’s chairman. year over year, according to Inside Mortgage Finance data. (The

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The Treasury’s $10B Homeowners Assistance Fund

Housing Wire

Presented by: Xome. States can use up to 5% of their funding for foreclosure or displacement-prevention counseling provided by Housing and Urban Development -approved agencies or legal services. Before receiving the rest, states must develop and submit a plan for how it will use the homeowner assistance funds.

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DOJ files complaint against lender for alleged use of unqualified underwriters and forgery

Housing Wire

The complaint announced on Friday alleges that in order to significantly increase its loan production, Nutter used unqualified underwriters lacking the requirements established by HUD to review and approve HECMs that Nutter ultimately insured with the FHA. When reached for comment, Edward T.

Legal 285