HAF

C.A.R.'s Housing Affordability Fund partners with housing nonprofits to provide closing cost grants to underserved first-time buyers

Retrieved on: 
Wednesday, January 12, 2022
NPHS, Disability, Housing, Government, Professional, Veteran, San Francisco Bay Area, GSE, Program, HAF, Inland Empire, LGBTQ, Multimedia, Color, Organization, HUD, Woman, Renewable energy, Real estate, Mail

Housing Affordability Fund is partnering with three regional nonprofit housing organizations to provide closing cost grants up to $10,000 for eligible first-time home buyers from an underserved community, C.A.R.

Key Points: 
  • Housing Affordability Fund is partnering with three regional nonprofit housing organizations to provide closing cost grants up to $10,000 for eligible first-time home buyers from an underserved community, C.A.R.
  • 's Housing Affordability Fund (HAF) to administer funds of up to $250,000 within each of their regions in 2022 under C.A.R.
  • established its Housing Affordability Fund (HAF) in November 2002 as a non-profit 501(c)(3) to address California's growing housing affordability crisis.
  • 's Housing Affordability Fund Closing Cost Grant Program with other forms of buyer assistance that their organizations may be offering or administering.

California Mortgage Relief Program Accepting Applications

Retrieved on: 
Wednesday, January 5, 2022
Public Policy, Government, Women, State, Local, Men, Public Policy, Other Policy Issues, Family, Consumer, Housing, Welfare, U.S. Department of Commerce Office of Security, House, California Housing Finance Agency, COVID-19, Program, California Business, Transportation and Housing Agency, Treasury, Government, CARES Act, HUD, Review, Democrat, Senate, U.S. Department of Housing and Urban Development, Office of Inspector General, Income, California Department, Median income, Consumer service, HAF, California Department of Financial Protection and Innovation, U.S. Department of the Treasury, Office of Inspector General, American Rescue Plan Act of 2021, Condominium, California Business, Consumer Services and Housing Agency, News, Omnibus spending bill, Tax, Credit, Real estate

The California Mortgage Relief Program will cover past due mortgage payments in full as a one-time grant up to a maximum of $80,000 per household with a direct payment to the homeowners mortgage servicer.

Key Points: 
  • The California Mortgage Relief Program will cover past due mortgage payments in full as a one-time grant up to a maximum of $80,000 per household with a direct payment to the homeowners mortgage servicer.
  • The announcement of the California Mortgage Relief Program is welcome news for homeowners who have been anxiously awaiting this critical assistance, said Lourdes M. Castro Ramrez, Secretary of the California Business, Consumer Services and Housing Agency.
  • Early on in the pandemic, the California Department of Financial Protection and Innovation (DFPI), which regulates many of the mortgage servicers, encouraged its licensees to participate in the California Mortgage Relief Program.
  • The California Mortgage Relief Program is run by the CalHFA Homeowner Relief Corporation (CalHRC), a special-purpose affiliate of the California Housing Finance Agency (CalHFA).

Unqork Partners with Indelible Solutions to Bring Program Management Expertise to Public Sector Customers

Retrieved on: 
Friday, September 10, 2021

The partnership will help tackle many of the challenges that public sector agencies often face in launching new software and public initiatives.

Key Points: 
  • The partnership will help tackle many of the challenges that public sector agencies often face in launching new software and public initiatives.
  • Unqork's no-code platform allows its public sector customers to accelerate the development of complex, mission-critical applications, helping them launch new, high-quality software faster and at lower cost than methods that rely on coding.
  • With Indelible's end-to-end program management expertise, customers will maximize the potential of new products and ensure that the initiatives are reaching residents in need of support.
  • To streamline and accelerate HAF distribution, Indelible and Unqork will offer comprehensive program administration, community outreach and application review to ensure benefits are rapidly deployed to eligible residents.

Neighborly Software Leads the Way in Distributing (Treasury) Rent, Mortgage and Utility Assistance

Retrieved on: 
Friday, August 27, 2021
Program, Public sector, Congress, Twitter, Software, Omnibus spending bill, State, Neighborly, Community, Integrity, Rusyns, Efficiency, Treasury, ERA, COVID 19, HAF, Trust, Compliance, YouTube, LinkedIn, Financial services, Organization, Housing, American Rescue Plan Act of 2021, Consolidated Appropriations Act, 2021, Community Innovation Survey, Chief of Policy and Plans Department, Property management

Neighborly Software currently has 81 "Neighbors" (clients) utilizing our software for the first round of ERA funding, including the two largest State programs.

Key Points: 
  • Neighborly Software currently has 81 "Neighbors" (clients) utilizing our software for the first round of ERA funding, including the two largest State programs.
  • "Neighborly Software is doing amazing things with their ERA Program software.
  • "The New Mexico Mortgage Finance Authority has had a wonderful experience utilizing Neighborly Software for our rental and homeownership assistance programs.
  • Further, the Neighborly Software staff is helpful, responsive and extremely knowledgeable on programmatic requirements and how these requirements translate into software solutions.

Black Knight: Servicers Face Operational Challenge of Processing Up To 18,000 Forbearance Plans Per Day as Newly Detailed Forbearance Timelines Frontload Expirations to the Fall

Retrieved on: 
Monday, August 2, 2021
Loans, Mortgage industry of the United States, Money, Finance, Mortgage, Financial services, Forbearance, Mortgage servicer, Mortgage loan, VA loan

Considering recently updated forbearance expiration timelines announced by FHFA, FHA, VA, and USDA, this month's report looks at the impact of the many varying allowable forbearance periods.

Key Points: 
  • Considering recently updated forbearance expiration timelines announced by FHFA, FHA, VA, and USDA, this month's report looks at the impact of the many varying allowable forbearance periods.
  • According to Black Knight Data & Analytics President Ben Graboske, due to the complexity of the expiration matrices across different agencies, the operational challenge mortgage servicers were already facing this fall has been compounded even more.
  • However, now we have detailed matrices of differing forbearance periods across the various agencies.
  • The operational challenge this represents is staggering, even before noting the oversized share of FHA and VA loans.