Piecing Together the Puzzle: How to Make Sense of FHA's Loss Mitigation and Servicing

  • Housing

The Federal Housing Administration (FHA) provides mortgage insurance on loans made by FHA-approved lenders throughout the United States and currently has 4.8 million insured single family mortgages in its portfolio. Loans insured by FHA are not eligible for HAMP and are instead subject to a unique set of servicing and loss mitigation rules. These rules are promulgated through a patchwork of mortgagee letters and not consolidated in a handbook. This training will teach advocates about the important FHA servicing and loss mitigation rules. It will also include a demonstration of MFY Legal Services Inc.'s FHA Waterfall Worksheet.

To register for this training please visit us at www.learningcenter.legalservicesnyc.org

E-mail all questions to learningcenter@ls-nyc.org

Please note: NO ADMITTANCE without prior registration. Payment (if applicable) is also required.
Scholarships are available upon request and are granted based on need.