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FHA institutes new payment supplement partial claim

Housing Wire

Department of Housing and Urban Development (HUD) on Wednesday issued a mortgagee letter that implements the Federal Housing Administration ’s (FHA) payment supplement partial claim. Gordon also announced that the FHA is extending the current temporary waterfall into 2025. million COVID-19 loss-mitigation actions.

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CHLA: Here’s how to modernize ‘short-changed’ Ginnie Mae

Housing Wire

The plan makes four key recommendations, one of which is the development of a new liquidity facility for Ginnie Mae issuers that would “facilitate servicer advances/pool buyouts,” the plan explained. CHLA added in a statement that the release of these recommendations is designed to coincide with relevant news.

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Change Lending keeps CDFI certification after agreement with US Treasury 

Housing Wire

Department of Treasury that would keep the firm certified as a Community Development Financial Institution (CDFI). The CDFI certification is a designation given by the Treasury Department CDFI Fund to specialized organizations that provide financial services to low-income communities and people who lack financing.

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2020 HW Vanguard: Tony Thompson

Housing Wire

Tony Thompson founded the National Association of Minority Mortgage Bankers of America in 2016 with a vision to positively grow, develop and improve the industry by introducing women and minorities to the industry and investing in America’s youth to make them the leaders of tomorrow. It will seek more Millennials, minorities, and women.

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How a strategic coalition is fighting homelessness in Dallas

Housing Wire

The success of the rapid rehousing program to date has attracted additional public and private funding and resulted in a new goal of housing 6,000 individuals by 2025. The voucher program, also referred to as Section 8 , is designed to cover rental costs to ensure very low-income families, the elderly and the disabled can afford housing.

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Appraisal Institute Counters Flawed Appraiser Bias Narrative

Appraisal Today

“There are a lot of shingle-style homes here that are iconic, but this one’s distinctive design stands out and is completely different.” Designed for the outdoor enthusiast, the 5,200-square-foot property has five bedrooms and direct access to hiking and mountain biking trails. He has been around for a long time.

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White House launches new initiative to reduce homelessness in major metros

Housing Wire

As metropolitan areas across the nation continue to grapple with challenges related to housing their homeless populations, the White House announced on Thursday the launch of a new initiative designed to address unsheltered homelessness. Department of Housing and Urban Development (HUD) will, for example, work in concert with the U.S.