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
In Factory Mut. Ins. Co. v. Skanska United States Bldg., No. 18-cv-11700-DLC, 2020 U.S. Dist. LEXIS ...
Read More >
According to the Internal Revenue Service (IRS), the best way for an employer to avoid 401(k) plan m...
Read More >
Seyfarth Synopsis: Knowledge that a competitor or former employee is misappropriating trade secrets ...
Read More >
A recent, highly anticipated ruling by a Bankruptcy Court in Delaware has reilluminated the concept ...
Read More >
With businesses around the world working remotely, virtual negotiations are now commonplace. Conduct...
Read More >
As the 80th Session of the Nevada Legislature comes to an end, so too do the days of broad and somet...
Read More >