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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.

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Proposal to modernize Indian Home Loans program

The U.S. Department of Housing and Urban Development (HUD) has announced the release of a proposed rule for the Section 184 Indian Home Loan Guarantee Program, which will modernize the program regulations and encourage homeownership opportunities in Indian Country.

The proposed rule expands and revises the existing program regulations and will codify program requirements, while introducing much needed clarity for participating lenders. In addition, the proposed rule will increase homeownership opportunities for Native American families by providing a federal guarantee on qualifying loans in the event of default and authorize HUD to establish a minimum level of lending on trust land.

Comments on the proposal will be accepted through March 6, 2023.

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