Buckley Webcast: It’s FHA time again – Updates and practical tips for this year’s process
Last year, a number of mortgagees were faced with delays and untimely certifications, as well as allegations of violations tied to operating activities and reporting events. In addition, while certain HUD officials have expressed a desire to reduce the government’s use of the False Claims Act to enforce FHA program requirements, others have signaled their intent to continue to pursued mortgagees for program violations. In this environment, Mortgagees should continue to identify and mitigate their risks prior to executing FHA’s annual certification statements. Hear industry leaders provide an overview of:
- Certification statements that raise the most questions for Mortgagees
- Lessons learned from last year’s annual recertification
- Circumstances resulting in an inability to certify
- HUD’s implementation of the Notice of Material Event reporting requirement
- Concerns related to disclosure of Confidential Supervisory Information
- Recent trends in annual certification-related enforcement
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The information contained herein is for informational purposes only, does not constitute legal advice, and does not necessarily reflect the opinions of Buckley LLP or any of its attorneys or clients. This presentation is not intended to create, and does not create, an attorney-client relationship between you and Buckley LLP, or any of the presenters, and you should not act or rely on any information in this presentation without consulting legal counsel. The information contained in this presentation may or may not reflect the most current legal developments. Accordingly, information in this presentation is not promised or guaranteed to be correct or complete, and it should not be considered an indication of future results. Buckley LLP expressly disclaims all liability in respect to actions taken or not taken based on any or all of the contents of this presentation.