30Jul
HUD Updates COVID-19 Guidance for FHA Loans
The U.S. Department of Housing and Urban Development (HUD) issued Mortgagee Letter 2020-23, dated July 28, 2020, to update COVID-19 national emergency guidance for FHA loans. The guidance addresses the verification of business operations for self-employed borrowers, the use of rental income for qualification purposes, and rehabilitation escrow accounts in connection with 203(k) loans. The guidance on the first two topics is effective for cases with note dates on or after July 28, 2020 through...
By:
Ballard Spahr LLP
Related
A California federal court has given employers a New Year’s gift, issuing a temporary restraining o...
Read More >
In Lansdale v. UPS Supply Chain Solutions, Inc., No. 16-4106 (July 23, 2019), the United States Dist...
Read More >
Welcome to your weekly update from the Allen & Overy Pensions team, bringing you up to speed on the ...
Read More >
On July 24, 2019, the Chicago City Council approved the proposed Chicago Fair Workweek Ordinance, wh...
Read More >
It’s all coming up Elon these days for Tesla and its stock. “Positive developments” from the elec...
Read More >
Another mid-year reminder: California hotels and motels must train all employees on human trafficki...
Read More >