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FHA proposal would modernize communications with defaulted borrowers

Housing Wire

Department of Housing and Urban Development (HUD) single-family policies can be reviewed prior to going into full effect — the new “ Modernization of Engagement with Borrowers in Default ” document can be reviewed by stakeholders. Published on FHA’s Single Family Drafting Table — an online portal where proposed U.S.

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

Housing Wire

The Community Home Lenders of America (CHLA) on Wednesday released a plan that it says would “modernize” Ginnie Mae , the government-owned company that manages the securitization of government-sponsored loans. This undermines Ginnie Mae’s ability to run a market-driven program.” This recommendation is based on two other ideas.

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What ICE’s Encompass bombshell means for the mortgage industry

Housing Wire

31, 2025, which will modernize the mortgage market even if some vendors have to go kicking and screaming. In doing so, ICE is pushing companies to Encompass Partner Network and Encompass Development Partner Connect , which use a more secure, cloud-based open application programming interface (API) structure that launched in 2021.

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Top 4 planning questions for mortgage servicers before 2025 

Housing Wire

The pandemic fast-tracked customer self-serve modernization so lenders could empower the homeowner while also managing compliance and investor risk. They say there is opportunity in crisis, and a crisis where millions suddenly – and mostly temporarily – couldn’t pay mortgages taught us valuable lessons.

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FHA aims to allow remote communication between defaulted borrowers and lenders

Housing Wire

Department of Housing and Urban Development (HUD) signaled last summer that it would explore such a policy , saying that the rule as currently enforced is outdated and does not account for modern methods of communication that would comply with the protection of personal information for the involved parties. 1, 2025.

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North Carolina Regional MLS expands into Georgia

Housing Wire

Ultimately, this development will empower our members to better serve their clients and grow their businesses.” According to the announcement, the move over to NCRMLS for the Georgia MLSs will go live in first-quarter 2025.

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ICE launches pilot to sunset old Encompass CRM

Housing Wire

ICE Mortgage Technology is continuing to accelerate the adoption of its more modern technologies by sunsetting older tech stacks. The news comes a few weeks after ICE announced that it would be sunsetting its legacy Encompass SDK platform and pushing clients and partners to Encompass Partner Connect and Encompass Developer Connect.