How to gain more from operational risk management practices.
Modern risk management technology solutions improve efficiency and provide greater visibility into risks. Today’s tools provide real-time visibility, action plans, enhanced reporting and business intelligence, and proactive notifications for operational risk. Real-time data empowers banks and financial services organizations to proactively manage risks and instantly detect and mitigate emerging issues. Click here to learn more.
FHA incentives to rehab Opportunity Zone homes
HUD Secretary Carson has announced that the Federal Housing Administration (FHA) will offer a new incentive for borrowers interested in rehabilitating homes in Opportunity Zones. FHA is expanding its Limited 203(k) Rehabilitation Mortgage Insurance Program (available to owner-occupant homebuyers and existing occupant homeowners for the purchase and/or rehabilitation of single family homes) for homes located in Opportunity Zones.