FHA unveils proposal for a new partial claim option
“The skyrocketing of mortgage rates has undermined FHA’s main loss mitigation tool for helping distressed borrowers – and FHA’s nimbleness in finding a workaround for
EXECUTIVE DIRECTOR
Scott has over 20 years experience working on Capitol Hill, 15 of which he served on the House Financial Services Committee, where he held a title of Housing Policy Director. He worked extensively on housing finance issues, including GSE reform, FHA legislation, mortgage regulations, and mortgage servicing issues. Scott Olson also has six years private sector experience as a public finance investment banker and four years experience in commercial real estate finance and investments.
EXTERNAL AFFAIRS CONSULTANT
Robert Zimmer is a longtime financial services executive with over 30 years of experience. He leads the strategic consulting firm TVDC, which handles press, government relations, and business development for financial clients, and previously served as a staff member of the House Financial Services Committee and head of Congressional Relations for Freddie Mac.
“The skyrocketing of mortgage rates has undermined FHA’s main loss mitigation tool for helping distressed borrowers – and FHA’s nimbleness in finding a workaround for
The Community Home Lenders of America (CHLA) commended FHA Commissioner Julia Gordon for today’s announcement that FHA is proposing a program to create a flexible partial claim
“But mortgage rates have been creeping up in recent weeks because of uncertainties, so an agreement that brings some deficit reduction and removes this uncertainty