A record number of states were hit with natural disasters in 2020. HFAs often assist other state agencies with post-disaster housing recovery efforts. Learn about the successes and pitfalls of using CDBG-DR and other funds for homeownership retention and recovery programs, as well as what your HFA can include now in its resiliency planning to […]
Loan servicing professionals have opportunities to share critical knowledge with borrowers during routine interactions. Learn how to use every conversation to ask questions and educate your borrowers, setting them up for success. DISCUSSION LEADER Ginger Fox, Mortgage Servicing Compliance Officer/Special Projects Administrator | Kentucky Housing Corporation PARTICIPANTS Veronica DePotty, HUD Grant Manager and Housing Education […]
Read More… from Homeowner Sustainability: Educating the Mortgage Customer from Day 1 (HFAi21)
Senior officials with the Federal Housing Administration (FHA), U.S. Department of Agriculture (USDA), and Federal Housing Finance Agency (FHFA) discuss recent guidance and their 2021 plans. Hear the latest on FHFA’s plans for moving Fannie Mae and Freddie Mac out of conservatorship, the GSEs’ affordable housing goals and Duty-to-Serve obligations, and FHA’s efforts to clarify […]
Read More… from Straight from the Top: Updates from Federal Housing Leaders (HFAi21)
Explore how HFAs use securitization, including the to-be-announced (TBA) market and cash window, to finance affordable homeownership loans. Learn about the roles of Fannie Mae, Freddie Mac, and Ginnie Mae; hedging; pipeline management and other operational concerns; and how to combine securitization and MRBs. DISCUSSION LEADER Tara Pavlik, Managing Director of Homeownership | Illinois Housing […]
Legal experts brief you on new developments with FHA, VA, and Rural Housing servicing policies and respond to your questions related to insurance claims, property management, assumptions, and post-COVID-19 forbearance options. DISCUSSION LEADER Brent Adney, Director, Homeownership Programs | South Dakota Housing Development Authority PARTICIPANTS Matt Martin, Director, Servicing & Loss Mitigation | U.S. Department […]
Read More… from Servicing Essentials: A Conversation with Federal Program Experts (HFAi21)
Industry experts cover the ins and outs of mortgage revenue bonds (MRBs) — the HFAs’ traditional means of financing affordable homeownership lending — including the terminology, eligibility requirements, bond issuance players, documentation, operations, and deal structuring. DISCUSSION LEADER Coleen Baumert, Director, Homeownership Programs | Pennsylvania Housing Finance Agency PARTICIPANTS Benjamin Killion, Vice President | Caine […]
Read More… from Homeownership Financing 101: Mortgage Revenue Bonds (HFAi21)
Leading housing economists and insiders present home-buying and home improvement market trends, demographic shifts, housing affordability challenges, racial equity concerns, and the impact of COVID-19 on homeownership. DISCUSSION LEADER Garth Rieman, Director of Housing Advocacy and Strategic Initiatives | National Council of State Housing Agencies PARTICIPANTS Rob Dietz, Chief Economist and Senior Vice President | […]
This letter, sent on January 25, 2021, to Treasury Department officials in the newly instated Biden Administration, contains NCSHA’s recommendations on the guidance grantees would need to implement the Emergency Rental Assistance program and on how the Treasury Department should amend the ERA guidance issued under the former administration. View Document […]
On January 25, 2021, NCSHA submitted comments to the Internal Revenue Service on Form 8609 (Low Income Housing Credit Allocation and Certification). These comments suggest form revisions related to the minimum 4 percent Credit rate enacted in the Consolidated Appropriations Act of 2021, the ability of state agencies to notify IRS about carryover allocation or […]
