Comments on FHA Defect Taxonomy
NCLC submitted comments on HUD’s revised version of the Defect Taxonomy, which is a document that will be used when HUD assesses servicer compliance with FHA-insured rules.
Search Results
Filter By
-
-
NCLC, CRL, and Housing Policy Council Urge FHA to Improve Its Streamlined Refinancing Program
NCLC, CRL and HPC write to urge FHA to consider adjusting the FHA Streamline Refinance program to allow closing costs to be rolled into the principal balance of the new loan. When paired with our recommendations for enhanced borrower protections for the program, this adjustment would enable more borrowers, particularly low-to-moderate income (LMI), Black, and…
-
NCLC and CRL Proposal for FHA Loss Mitigation
In this letter, NCLC and CRL propose how FHA should shape its system for helping borrowers avoid foreclosure.
Read More about NCLC and CRL Proposal for FHA Loss Mitigation
-
Updated NCLC and CRL Comments on HUD's Payment Supplement Partial Claim
In these comments, the National Consumer Law Center and the Center for Responsible Lending provided detailed comments to HUD’s revision of its Payment Supplement Partial Claim program, which will help borrowers avoid unnecessary foreclosure. See here for the comments submitted on the prior version of HUD’s Payment Supplement Partial Claim.
Read More about Updated NCLC and CRL Comments on HUD's Payment Supplement Partial Claim
-
Letter to the FHFA regarding mortgages for new homes backed by the GSE to meet updated energy codes
The 78 undersigned affordable housing, consumer, health, energy efficiency, environmental, andbusiness organizations urge the FHFA to require that all mortgages for new homes backed by theGovernment Sponsored Enterprises (Enterprises) meet the energy code requirements currentlyproposed by the Department of Housing and Urban Development (HUD) and the U.S. Department ofAgriculture (USDA) for their mortgage products.
-
Comment on HUD's Proposed Rule on Borrower Engagement
NCLC submitted comments on HUD's proposed rule to amend the regulation on the mandatory meeting that mortgage servicers must have with borrowers early in the default process.
Read More about Comment on HUD's Proposed Rule on Borrower Engagement