Course: Proposed Rule on Profits and Related Basis Adjustments based on this document from the Federal Register: https://www.govinfo.gov/content/pkg/FR-2024-12-02/pdf/2024-27227.pdf This document contains proposed regulations regarding previously taxed earnings and...
Single Family Housing Guaranteed Loan Program: Special Servicing and MRA Amendments
Gain essential insights into the latest changes by the Rural Housing Service (RHS) on the Single Family Housing Guaranteed Loan Program. This course provides a comprehensive guide on the amendments to special servicing options and the Mortgage Recovery Advance (MRA) process, aimed at offering lenders increased flexibility and reducing loan program risks.
In this course you will learn the following:
* Understand the purpose and scope of the SFHGLP changes.
* Identify key regulatory amendments and their implications for lenders and borrowers.
* Implement new servicing options and MRA processes effectively.
* Recognize the consequences of non-compliance with the final rule.
Additional information
| Federal Register Title | Single Family Housing Guaranteed Loan Program Changes Related to Special Servicing Options. Document Number: 2024-18291 |
|---|---|
| Course SKU | FR-24-071-1 |
| Why This Course Is Important | Without this course, lenders may struggle to adapt to new servicing options, potentially increasing compliance risks and missing opportunities for streamlined borrower assistance. |