FHA Proposes Updated Policy for Foreclosure Sales Where Secretary-held Liens are Present
FHA has posted a
draft Mortgagee Letter in response to the Show
Me decision. The members of the USFN Advocacy Committee are, like most of
you, digesting all the implications. The committee will be meeting in the
coming weeks and preparing comments. If you have any comments you would like
considered for our response, please email Advocacy Committee chair, Katie
Jo Keeling.
The full FHA advisory can be found here. Comments will be accepted
through Nov. 25, 2024.