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HUD Awards $83 Million to Native Communities

As part of the Biden Administrations commitment to deliver equitable COVID-19 relief to tribal communities, the U.S. Department of Housing and Urban Development (HUD) has announced another disbursement of American Rescue Plan funds to 74 Tribal communities totaling $83 million.  The awards, which are funded through the Indian Community Block Grants of the American Rescue ...

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Ginnie Mae Further Streamlines Advanced Loan Modifications

On Friday afternoon, Ginnie Mae issued a new memorandum (APM 22-01) stating that they are streamlining its documentation requirements for servicers participating in the Federal Housing Administration’s (FHA) Advanced Loan Modification program (ALM).  The memo does away with the requirement for recordation and title insurance in some cases.  The new policy supports ...

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