All-FHA’s HECM Servicing Frequently Asked Questions (FAQs) webpage has been updated:The Home Equity Conversion Mortgage (HECM) Servicing Frequently Asked Questions (FAQs) webpage has been updated to include information regarding recently published Mortgagee Letter 2011-16. This Mortgagee Letter rescinded ML 2008-38 which provided guidance on the borrower’s recourse for repayment of the HECM debt. Please visit FHA’s HECM Lenders webpage to view the FAQs: http://portal.hud.gov/hudportal/HUD?src=/program_offices/housing/sfh/hecm/hecmhomelenders or please view the updated FAQs directly at: http://portal.hud.gov/hudportal/documents/huddoc?id=DOC_12607.pdf Please contact [email protected] for any questions regarding the HECM Servicing FAQs. You can view all of HUD’s Mortgagee Letters online at: http://www.hud.gov/offices/adm/hudclips/letters/mortgagee/ ANDFHA Appraisal Training comes to Phoenix AZ:August 9, 2011 - Phoenix, AZ. Completing Today’s FHA Appraisal. This Live training is being held in conjunction with the Arizona Board Meeting and Outreach Program. FHA trainers will conduct a 1-day class on how to complete an FHA appraisal and will discuss recent program changes that affect FHA appraisals. Registration required, no fee. More info at: http://www.hud.gov/emarc/index.cfm?fuseaction=emar.registerEvent&eventId=980&update=N Register today to reserve your place, this training will fill up fast! ANDFHA Training Around the Nation: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, HUD will 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 4, 2011 - Oklahoma City, OK. A Day with FHA. Sponsored by the Oklahoma Mortgage Bankers Association (OMBA) and FHA. The training will be at the National Cowboy & Western Heritage Museum in Oklahoma City. Two all day training events, running concurrently or “side by side” – please choose either the Credit OR Appraisal Session. Senior Staff Underwriters and Appraisers from FHA will be the instructors. Includes lunch, breaks and reception following event. Registration is at 7:30 a.m., Training: 8:30 a.m. to 4:00 p.m. All times are mountain. Host Hotel – Skirvin Hotel, Downtown OKC, telephone number 405-272-3040. Reference Oklahoma Mortgage Bankers. Registration required, Fee. For info and registration forms please contact OMBA President, Betty Shaw at: [email protected]. August 16, 2011 - San Francisco, CA. Financial Management Basics Course. Hosted by Rural Community Assistance Corporation (RCAC) and HUD. This live this workshop is for executive directors, board members, program managers, staff of nonprofit & government agencies that need to have a basic understanding of financial statements. This workshop is only open to nonprofit and government agencies. Registration required. More info at: http://www.rcac.org/ 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/trainingAugust 18, 2011 – Webinar: The California Association of Realtors is hosting an FHA presentation for their members from 10:00 am – 11:00 am (Pacific Time) on combining a purchase price/appraised value of a home with the cost for improvements with one loan. Learn about FHA's Streamlined rehabilitation loan program for repairs/improvements less than $35,000, regular rehabilitation loan program for improvements or structural improvement/repairs greater than $35,000, Energy Efficient Mortgage for insulation, doors, and more, Weatherization upgrades for weather stripping, thermostats, and Solar programs for active and passive systems. Registration required, no fee. More info at: http://www.car.org/education/webinars/FHA/ August 25, 2011 - Indianapolis, IN. HUD Loss Mitigation Program Training for HUD approved Housing Counselors, local servicing lenders and nonprofits. 9:00-4:00PM. Please Note: The completion of NSC's Online EClass Training is a "prerequisite" prior to registering & attending any HUD live classroom training. The NSC EClass training date on your certificate is a required field when registering for live classroom training. Without a verifiable system date, the EClass System will not allow you to proceed with registration. Additional information regarding EClass requirements can be found in Mortgagee Letter 2009-45. Register for this training with EClass at: https://eclass.hudtulsa.org/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 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 October 24-26, 2011 - Boston, MA. NRMLA Annual Meeting and Expo. Sponsored by the National Reverse Mortgage Lenders Association. Come join this gathering of reverse mortgage professionals, HECM Counselors and Vendors. Learn about to all the important changes taking place in the reverse mortgage business. Registration required, fee. More info at: http://www.nrmlaonline.org/___________________________________________________________________________________________ Bulk subscriptions: Some industry folks have asked, "How do I sign up my entire staff for FHA email updates?" It is easy... Just list your staff ____________________________________________________________________________________________
commercial appraiser, commercial appraisal, commercial appraiser la
Comments