FHA Mortgagee Letter 2020-21 Enhancements to FHA’s Claims Without Conveyance of Title (CWCOT) Procedures

July 07, 2020

Subscribe Today

FHA announces enhancements to FHA’s CWCOT procedures, including: a second appraisal upon vacancy; submission of eviction costs and certain eligible property preservation expenses; updated policy and allowable fee structure for independent third-party providers conducting foreclosure sales or Post-Foreclosure Sales Efforts under CWCOT procedures; and updating discounts in FHA Connection and changing to tier-based pricing factors.

View Article Source →

Stay Informed, Subscribe to the Compliance Newshub

Subscribe Now