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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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How reverse mortgage pros will seek to connect with clients in 2025

Housing Wire

Several reverse mortgage industry professionals who spoke with RMD in the closing days of 2024 described how some of these efforts could manifest themselves in 2025. We’ve had such opportunity with our servicing portfolio, and this is something that we will be introducing in 2025: how we continue to educate, she said.

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(HUD) signaled last summer that it would explore such a policy , saying that the rule as currently enforced is outdated and does not account for modern methods of communication that would comply with the protection of personal information for the involved parties. 1, 2025.

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Anywhere Real Estate’s Charlotte Simonelli on navigating 2025 with financial discipline and the help of AI

Housing Wire

Nominations for HousingWires 2025 Finance Leaders Award are open now through January 31, 2025. to discuss the trends shaping the housing industry in 2025. HousingWire: What role does data and technology play in your financial planning and forecasting for 2025, and how are you leveraging these tools to enhance decision-making?

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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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