FHA Default Servicing Overview
Date / Time: Thursday, December 3, 2020 1:00 PM - 2:30 PM
Location: Webinar
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FHA default servicing under the MPF® Government MBS and MPF® Traditional Government products is at times complex and subject to strict audit and quality control requirements. In this session, we will provide a closer look into the various areas of FHA default servicing including:
Delinquency timelines from day one of delinquency through referral to foreclosure
- Collection efforts and borrower outreach requirements
- Delinquency notices
- Property preservation
- FHA delinquency and default reporting
- Covid-19 protections for delinquent FHA loans
- Common errors and exceptions found during audits
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