2023-KC-0005 - Recommendation 2023-KC-0005-001-E

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.

Questioned Costs

$0

Funds for Better Use

$0

Recommendation Status

Open

Source UUID

3e0377f9-c6f6-4fcf-82af-e952ed96ef99-2023-KC-0005-001-E

Report

Servicers Generally Did Not Meet HUD Requirements When Providing Loss Mitigation Assistance to Borrowers With Delinquent FHA-Insured Loans

Recommendation Number

2023-KC-0005-001-E

Significant Recommendation

Yes