How a D.C.-based reverse mortgage assistance program was revived

At the end of August, the District of Columbia Housing Finance Agency (DCHFA) announced that it…

FHA proposes updates to partial claim payoff statements

The Federal Housing Administration (FHA) this week published a newly proposed Mortgagee Letter on its Single…

CHLA urges ‘balancing’ of consumer, servicer needs in loss-mitigation proposal

The Community Home Lenders of America (CHLA) on Monday submitted a letter to Consumer Financial Protection…

Foreclosures expected to grow slowly the rest of 2024: Auction.com

A survey of mortgage default servicing leaders revealed that foreclosures are expected to rise slowly during…