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On September 27, 2021, the Federal Housing Administration (FHA) announced additional COVID-19 relief for borrowers. In Mortgagee Letter (ML) 2021-24, FHA issued new forbearance relief,...
On August 5, 2021, the FHA issued the following waivers: (1) Partial Waiver of the Borrower Review Requirements for its COVID-19 Advance Loan Modification; and (2) Partial Waiver of the...
Derrek Davis Joins LTD Financial Services, L.P. as Chief Operating Officer Published on: 11 May 2021 at 08:00 a.m. ET May 11, 2021, 8 a.m. May 11, 2021, 9:45 a.m. insideARM.com The iA Institute growth and expansion plans Houston, TX -- LTD Financial Services, L.P., a full-service accounts receivable management and business process outsourcing company, today announced that veteran collections executive Derrek Davis has joined the company as Chief Operating Officer, reporting directly to CEO, David John. Derrek will support the development and execution of LTD...
To embed, copy and paste the code into your website or blog: In their latest Handbook 4000.1 Transmittal, FHA announced multiple updates, including the publication of updates to the Servicing and Loss Mitigation section (Section III) of the Handbook. Several standard operational requirements for servicers were streamlined. The updates incorporate actions FHA has taken to assist and support those borrowers experiencing financial hardships due to COVID-19 and include, among others: A revised loss mitigation waterfall; Streamlined documentation requirements to avoid unnecessary delays and to...
Secondary Mktg., AE Jobs; Workflow, Payment, Doc Tools; Company Sponsored Events; VA and FHA Updates Apr 27 2021, 8:18AM When I was a kid, I did things like eat Wonder Bread. I still enjoy a McDonald’s cheeseburger on occasion. As a kid I remember sharing a Coke with the kids on my street between hoops games, having a bite of a buddy’s cookie, or merely rinsing off a scratch with hose water. Now there are some that tell you you’ll die from doing any of those. Things are always in transition. There’s the possibility of the transition from WFH (work from home)...