| Jul 7, 2011 11:04AM [I am away from the computer on a daily basis, and my access to e-mail is sporadic and not timely. In my place are daily commentaries from a series of very knowledgeable mortgage industry people with different backgrounds, and they have been given very little direction about what to write about - the latest is below. Our views may or may not coincide, but I thank them for their time in volunteering and helping out.] Today's contribution comes from: Anthony B. anthony@abadvisory.com Four selected... Jul 7, 2011 2:30PM The Department of Housing and Urban Development (HUD) has modified the existing policies related to two of its assistance programs to give unemployed homeowners additional time to obtain a job before losing their homes. The changes impact FHA requirements and the Making Home Affordable (MHA) program. The changes to the FHA's Special Forbearance Program will require its servicers to increase the minimum forbearance period for qualified homeowners from four months to 12 and servicers participating...
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