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Loss Mitigation

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Loss-mitigation waterfalls face a murky future under Trump administration

December 26, 2024 by bp56691
Loss-mitigation waterfalls face a murky future under Trump administration
Servicers have a request for the incoming Trump administration — standardization and simplification of loss-mitigation frameworks.
Categories Covid-19, FHA, Forbearance, LendingLife, Loss Mitigation, Mortgage, Mortgage Servicing, Servicing, Trump Administration, U.S. Department of Veterans Affairs, USDA

Mortgage groups push FHA for loss mitigation extension

December 23, 2024 by bp56691
In November, the FHA proposed updates to its permanent loss-mitigation options based on lessons from the COVID-19 temporary policies.
Categories Federal Housing Administration, FHA, FHA loan, LendingLife, Loss Mitigation, Mortgage, Servicing

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