Webinar: FHA Pre-foreclosure Sale Program Training
Thursday, June 14, 2012 2:00 PM – 4:00 PM EDT
FHA, through its National Servicing Center, is looking to close the education and communication gap between FHA servicers and real estate professionals to aid FHA borrowers in the pre-foreclosure process (otherwise known as the short sale).
The Webinar has the following objectives:
- Identify REALTOR “Best Practices when utilizing FHA’s Pre-foreclosure Program.
- Describe how HUD Servicers are required to apply loss mitigation tools to customers in need.
- Identify the benefits, features, and qualification criteria for FHA’s Pre-foreclosure Program.
- Recognize the difference between the market/appraised value for a property and the minimum acceptable net sale proceeds.
HUD Region 5: Illinois, Indiana, Michigan, Minnesota, Ohio, Wisconsin