Hud is making changes to the MIP premiums

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U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT WASHINGTON, DC 20410-8000 ASSISTANT SECRETARY FOR HOUSINGFEDERAL HOUSING COMMISSIONER www.hud.gov espanol.hud.gov January 31, 2013 To: All Approved Mortgagees Mortgagee Letter 2013-04 Subject Revision of Federal Housing Administration (FHA) policies concerning cancellation of the annual Mortgage Insurance Premium (MIP) and increase to the annual MIP Purpose Consistent with FHA’s […]

HUD is extending Loss Mitigation options

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U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT WASHINGTON, DC 20410-8000 ASSISTANT SECRETARY FOR HOUSINGFEDERAL HOUSING COMMISSIONER www.hud.gov espanol.hud.gov January 31, 2013 MORTGAGEE LETTER 2013-03 To All FHA-Approved Mortgagees, Single Family Servicing Managers Subject Extension of Implementation Date for Mortgagee Letter 2012-22, Revisions to FHA’s Loss Mitigation Home Retention Options Purpose The purpose of this Mortgagee […]