Three New Federal Register Notices, & FHA Training

 Three New Federal Register Notices: 1. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT[Docket No. FR-5511-N-03]TITLE: Credit Watch Termination Initiative; Termination of Origination Approval AgreementsAGENCY: Office of the Assistant Secretary for Housing--Federal Housing Commissioner, HUD.ACTION: Notice. SUMMARY: This notice advises of the cause and effect of termination of Origination Approval Agreements taken by HUD's Federal Housing Administration (FHA) against HUD-approved mortgagees through the FHA Credit Watch Termination Initiative. This notice includes a list of mortgagees which have had their Origination Approval Agreements terminated… To read this notice in its entirety please visit: http://www.gpo.gov/fdsys/pkg/FR-2011-06-30/pdf/2011-16518.pdf 2. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT[Docket No. FR-5511-N-04]TITLE: Credit Watch Termination Initiative; Termination of Direct Endorsement (DE) ApprovalAGENCY: Office of the Assistant Secretary for Housing--Federal Housing Commissioner, HUD.ACTION: Notice. SUMMARY: This notice advises of the cause and effect of termination of Direct Endorsement (DE) Approval taken by HUD's Federal Housing Administration (FHA) against HUD-approved mortgagees through the FHA Credit Watch Termination Initiative. This notice includes a list of mortgagees which have had their DE Approval terminated... To read this notice in its entirety please visit: http://www.gpo.gov/fdsys/pkg/FR-2011-06-30/pdf/2011-16489.pdf 3. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT24 CFR Parts 30 and 3400 [Docket No. FR-5271-F-03] RIN 2502-A170TITLE: SAFE Mortgage Licensing Act: Minimum Licensing Standards and Oversight ResponsibilitiesAGENCY: Office of the Assistant Secretary for Housing-Federal Housing Commissioner, HUD.ACTION: Final rule. SUMMARY: This final rule sets forth the minimum standards for the state licensing and registration of residential mortgage loan originators, requirements for operating the Nationwide Mortgage Licensing System and Registry (NMLSR), and HUD's Federal oversight responsibilities pursuant to the Secure and Fair Enforcement Mortgage Licensing Act of 2008 (SAFE Act or Act), to ensure proper monitoring and enforcement of states' compliance with statutory requirements… To read this notice in its entirety please visit: http://www.gpo.gov/fdsys/pkg/FR-2011-06-30/pdf/2011-15672.pdf AND FHA Training: July 14, 2011 – Webinar: Updates on FHA Policies and Programs. Presented by HUD and The California Association of Realtors for CAR members. Learn about FHA changes and updates over the past 12 months to include property flipping, credit scores, advertising, and more. Registration required, no fee. More info at: http://www.car.org/education/webinars/FHA/ July 28, 2011 - Webinar: Selling HUD REO Properties. Presented by HUD and The California Association of Realtors for CAR members. Learn about selling HUD REO properties. In this webinar, we'll cover the following topics: Who can sell?, Who can buy? How to register to sell HUD REOs, Field and Asset Managers duties and roles, Forms, Common closing delays. Registration required, no fee. More info at: http://www.car.org/education/webinars/FHA/ August 16-17, 2011 - Oklahoma City, OK. Early Delinquency Servicing Activities & HUD's Loss Mitigation Program Training. This live training includes coverage of: HUD Handbook 4330.1 REV-5, Chapter 7, Delinquencies, Defaults, Mortgage Collection Activities & Initiation of Foreclosure & HUD's Loss Mitigation Program. Additionally, overviews will be presented pertaining to Extension of Time Requests & Variances, Single Family Default Monitoring System. Registration required, no fee. For more information: http://portal.hud.gov/hudportal/HUD?src=/program_offices/housing/sfh/nsc/training August 17, 2011 - Webinar: FHA - VA Quarterly Changes & Updates. Learn about changes & updates that have occurred with the FHA & VA mortgage insurance/guaranty programs from representatives from both agencies. Registration required, no fee. More info at: https://www2.gotomeeting.com/register/903505210 Various dates: NeighborWorks® America Training for Housing Counselors: Build Your Homeownership Education, Counseling Capacity & Skills. Comprehensive training & certification for HUD-Approved housing counseling agencies is available through NeighborWorks® America, the NeighborWorks Center for Homeownership Education & Counseling (NCHEC) & HUD. Formats include live, interactive classroom training & on-line learning. Upcoming Schedule: July 11-15, 2011, Regional Training, Philadelphia, PA July 25-29, 2011, Regional Training, Salt Lake City, UT, August 8-12, 2011, National NTI, Atlanta, GA September 19-23, 2011, Regional Training, Sacramento, CA. A full menu of courses, registration and more info can be found online at: http://www.nw.org/training. ___________________________________________________________________________________________  Thanks !
Curtis D. Harris, BS, CGREA, REB
Bachelor of Science in Real Estate, CSULA
State Certified General Appraiser
Real Estate Broker
ASTM E-2018 Commercial Real Estate Inspector
HUD 203k Consultant
HUD/FHA Real Estate Appraiser/Reviewer
FannieMae REO ConsultantCTAC LEED CertificationThe Harris Company, Forensic Appraisers and Real Estate Consultants
*PIRS/Harris Company and the Science of Real Estate-Partners*1910 East Mariposa Avenue, Suite 115
El Segundo, CA. 90245
310-337-1973 Office
310-251-3959 CellWebSite: http://www.harriscompanyrec.com Resume: http://www.harriscompanyrec.com/rESUME2011.pdfCommercial Appraiser Blog: http://harriscompanyrec.com/blog/IT'S THE LAW-Designation Discrimination is Illegal [FIRREA, Sec. 564.6]: Professional Association Membership http://www.orea.ca.gov/html/fed_regs.shtml#Statement7 Membership in an appraisal organization: A State Certified General Appraiser may not be excluded from consideration for an assignment for a federally related transaction by virtue of membership or lack of membership in any particular appraisal organization, including the appraisal institute.CONFIDENTIALITY/PRIVILEGE NOTICE: This transmission and any attachments are intended solely for the addressee. The information contained in this transmission is confidential in nature and protected from further use or disclosure under U.S. Pub. L. 106-102, 113 U.S. Stat. 1338 (1999), and may be subject to consultant/appraiser-client or other legal privilege. Your use or disclosure of this information for any purpose other than that intended by its transmittal is strictly prohibited and may subject you to fines and/or penalties under federal and state law. If you are not the intended recipient of this transmission, please destroy all copies received and confirm destruction to the sender via return transmittal From: Mayer, Jerrold H [mailto:[email protected]]
Sent: Thursday, June 30, 2011 6:41 AM
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Subject: Three New Federal Register Notices, & FHA Training This is the HUD national homeownership center reference guide mailing list for real estate industry professionals that are interested in updates to HUD Mortgagee letters, notices and guidebooks, & FHA Housing Industry Training. Please visit our homepage at: http://www.hud.gov/offices/hsg/sfh/hsgsingle.cfm Servicing lenders can visit HUD's National Servicing Center at: http://www.hud.gov/offices/hsg/sfh/nsc/nschome.cfm This list does not provide HudHome property listings. . All-