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Technology

HUD Provides New Flexibility For Calculating Effective Income for FHA Loan Applicants Affected by a COVID-19 Related Economic Event

CFPB Monitor

JULY 12, 2022

The guidance in the Mortgagee Letter is effective for Title II single family forward mortgage loans with case numbers assigned on or after September 5, 2022, although lenders may begin using the policies announced in the Mortgagee Letter immediately. The lender must analyze the borrower’s tax returns to determine gross Self-Employment Income.

Guidelines

Guidelines Handbook Analysis Taxes

Managing real estate and construction lending risk

Abrigo

FEBRUARY 7, 2023

Technology can help reduce or eliminate common problems that construction lenders face during the complicated draw process. Technology increases draw interest income by speeding up the entire process of approving and funding draw requests. Read the whitepaper, "Red flags and warning signs of contractor failure."

Lending

Lending Management Risk Management Handbook

Webinars

Live Demo: How to Achieve Reconciliation Zen

MORE WEBINARS

Community Banking Brief

HUD Provides New Flexibility For Calculating Effective Income for FHA Loan Applicants Affected by a COVID-19 Related Economic Event

Managing real estate and construction lending risk

Webinars

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