Exception Tracking Spreadsheet (TicklerTrax™)
Downloaded by more than 1,000 bankers. Free Excel spreadsheet to help you track missing and expiring documents for credit and loans, deposits, trusts, and more. Visualize your exception data in interactive charts and graphs. Provided by bank technology vendor, AccuSystems. Download TicklerTrax for free.
FHA extends 203(k) rehab projects
The Federal Housing Administration (FHA) has announced the extensions of a set of policy flexibilities for single family lenders and servicers designed to maintain new mortgage originations for homebuyers and allow 203(k) rehabilitation projects to continue during the COVID-19 pandemic. These temporary policies recognize the sustained need for flexibility during this critical time to ensure mortgage financing remains available for low- and moderate-income homebuyers, and that home rehabilitation work can continue. The temporary policies will be in place through June 30, 2021. For more information see Mortgage Letter 2021-06 and Mortgage Letter 2021-07.