HUD: FHA Announces Updated Policy to Assist Homeowners Affected by 2017 Natural Disasters in Puerto Rico and the U.S. Virgin Islands

FHA appeals to struggling borrowers to contact their mortgage servicers immediately WASHINGTON – To help struggling borrowers in Puerto Rico and the U.S. Virgin Islands impacted by Hurricanes Irma and Maria, the Federal Housing Administration (FHA) today announced it is updating its menu of foreclosure prevention options to allow borrowers […]

OCC: Revisions to Impact of Evidence of Discriminatory or Other Illegal Credit Practices on CRA Ratings

Description: Revisions to Impact of Evidence of Discriminatory or Other Illegal Credit Practices on Community Reinvestment Act Ratings Summary The Office of the Comptroller of the Currency (OCC) is issuing this bulletin to make public the revised Policies and Procedures Manual (PPM) 5000-43, which clarifies the OCC’s policy for applying […]