Briefings

Weekly briefing, May 5, 2025

Updates published to for Conventional, FHA, USDA. Built from published records only.

Action required, new this week

Required changes published this week.

FHA, Mortgagee Letter ML 2025-13,
Action required

Updates to CWCOT Post-Foreclosure Sales Period and HUD REO Exclusive Listing Period

Loan impactFHAProperty eligibilityServicing

Applies to: Defaulted FHA-insured mortgages undergoing CWCOT post-foreclosure sales efforts and HUD single-family REO properties.

What to review: Review the mandatory updates to the 60-day CWCOT post-foreclosure sales period, vendor auction disclosures, 30-day conveyance deadlines, default reporting codes, and electronic claim filing timeframes effective May 30, 2025. AWACS interpretation

Effective May 30, 2025; other items nowView affected requirements →

Coming into effect in the next 60 days

Effective dates from .

Updating Manufactured Housing Provisions; Correction (effective date deferred to May 5, 2025)
USDA Rural Development, Manufactured housing final rule (SFH Direct and Guaranteed). In 0 days.
Updates to CWCOT Post-Foreclosure Sales Period and HUD REO Exclusive Listing Period
FHA, CWCOT post-foreclosure sales scheduled to occur. In 25 days.

Review recommended

New guidance, clarifications, flexibilities, overlays and insurer positions.

Nothing to review this week.

Threads that moved

Topics more than one source has acted on, with a new update this week.

No thread moved this week.

Data releases

Data releases and announcements with no direct requirement.

No data releases this week.