Tag: Mortgage Servicing

FHA Proposal Could Reshape Partial Claim Documentation and Servicing

The Federal Housing Administration (FHA) is considering a new approach to documenting and servicing partial claims and Payment Supplements. On July 20, 2026, FHA published a draft Mortgagee Letter proposing a Reinstatement Advance Payment (RAP) Demonstration for stakeholder review and feedback. If finalized, the demonstration would provide FHA-approved mortgagees with an alternative to the separate […]

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VA Announces June 15 Launch Date for New Partial Claim Program

What servicers need to know as implementation begins The Department of Veterans Affairs (VA) has announced that servicers may begin submitting loans under the new VA Partial Claim Program beginning June 15, 2026. The announcement represents a significant milestone in the implementation of a foreclosure prevention program authorized by Congress through the 2025 VA Home […]

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