Text of Recommendation | Update the Save Your Home - Tips to Avoid Foreclosure brochure to include new loss mitigation options as they are introduced and require servicers to send this additional information to delinquent homeowners. This could be done as a redesign of the existing brochure or as addendums to the brochure for temporary programs. |
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Recommendation Number | 2023-KC-0005-001-E |
Recommendation Status | Open |
Recommendation Questioned Costs | $0 |
Recommendation Funds for Better Use | $0 |
Submitting OIG | |
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Report Title | Servicers Generally Did Not Meet HUD Requirements When Providing Loss Mitigation Assistance to Borrowers With Delinquent FHA-Insured Loans |
Report Submitting OIG-Specific Report Number | 2023-KC-0005 |
Report Date Issued | Tuesday, June 13, 2023 |
Report Questioned Costs | $0 |
Report Funds for Better Use | $0 |