Consumer group: Defect taxonomy issues apply to reverse mortgages
Edited by Chris Clow and the HousingWire Newsroom, RMD provides dedicated reverse mortgage news, insights and commentary.
Source: reversemortgagedaily.com
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Groups blast FHA draft defect taxonomy in joint letter
Consumer advocates, fair housing groups, banks and lenders joined forces to critique the FHA's proposed servicing defect taxonomy.
Source: housingwire.com
Conservative groups ask senators to keep app market open
A group of conservative policy organizations sent a letter to U.S. senators Monday asking them to keep the app market open and free from anti-competitive practices.
Source: foxbusiness.com
Industry Members Take Issue With HUD's Draft Defect Taxonomy
Housing advocacy groups, mortgage lenders, and banks, came together on January 28, 2022 to take issue with the HUD’s proposed policies on defect taxonomy for loan servicing reviews. The defect taxonomy, as defined in article 8.0 of the Single Family Housing Policy Handbook 4000.1, is the FHA’s method of identifying defects at the loan level.
Source: nationalmortgageprofessional.com
Industry Members Take Issue With HUD's Draft Taxonomy Defect
Housing advocacy groups, mortgage lenders, and banks, came together on January 28, 2022 to take issue with the HUD’s proposed policies on defect taxonomy for loan servicing reviews. The defect taxonomy, as defined in article 8.0 of the Single Family Housing Policy Handbook 4000.1, is the FHA’s method of identifying defects at the loan level.
Source: nationalmortgageprofessional.com