FHA Updates Servicing, Loss Mitigation and Claim Requirements
FHA issued Mortgagee Letter 2025-06, updating servicing, loss mitigation and claim requirements. The Mortgagee Letter includes (but is not limited to) updates with respect to:
Post-Closing Audits are an essential component of a comprehensive Quality Control program. These audits review and verify closed loans as required by major regulatory bodies such as Fannie Mae, Freddie Mac, FHA, VA, USDA/RHS, FHLB, State Compliance and more.
Lenders across the country have trusted TENA’s experienced and specialized team of auditors to perform high quality and timely Post-Closing Quality Control Audits since 1982.
With TENA’s cloud-based platform, TENA Web Services (TWS), clients are able to manage the remediation process for audit findings and receive audit results electronically on any device with a web browser.
Generate reports, assign audit findings, create and monitor action plans and more, with no additional cost to TENA clients. Read more about TWS here.
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FHA issued Mortgagee Letter 2025-06, updating servicing, loss mitigation and claim requirements. The Mortgagee Letter includes (but is not limited to) updates with respect to:
The CFPB adopted rules amending the Fair Credit Reporting Act (FCRA) with respect to medical information. Per the rule adoption, the CFPB removed an exception
FHA published an update to the Single Family Housing Policy Handbook (SF Handbook 4000.1). The update includes minor policy changes and technical edits, and incorporates
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