Posts Tagged: HUD

Residential Appraisal for HUD’s CWCOT Program

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Valuation Management Group recently became aware of a HUD program called Claim Without Conveyance of Title (CWCOT), and we wanted to inform our readers. The CWCOT program encourages 3rd parties to purchase homes at foreclosure sales by allowing bids less than the total debt owed on a property. The objective of this program is to… Read more »

Valuation Management Group Discusses HUD and FHA Guidelines

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Valuation Management Group is sure that clients and appraisers alike who are currently involved in originating FHA loans and completing appraisals for such loans are aware of the new guidelines, but we like to make it a practice to share industry changes that potentially affect all of our partners. The most important thing to note… Read more »

FHA Extends Implementation Date of the FHA Handbook

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On April 30th, HUD announced that FHA is extending the effective date of the Single Family Housing Policy Handbook 4000.1 to September 14, 2015. According to HUD Deputy Assistant Secretary Kathleen Zadareky, the decision to extend the effective date was in response to concerns expressed by industry participants that they need more time to implement… Read more »