HUD has not yet indicated whether it will extend the March 31 deadline due to the partial government shutdown, but mortgagees shouldn't make assumptions. Prepare early and use this checklist offers to navigate your way through a less painful recertification process, avoiding problems that have vexed mortgagees in the past.
While some mortgage lenders fail to keep up with the changing times, others are excelling, capitalizing on the change and those who weren’t ready for it. So what’s their secret? Customer service? Technology? An innovative approach to loan originations, and who to lend to? It’s actually all of the above, and more.