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  • Federal Housing Administration announces Streamlined Claim Payment Requirements in Home Equity Conversion Mortgage Program

    Federal Housing Administration announces Streamlined Claim Payment Requirements in Home Equity Conversion Mortgage Program
    Link


    Action intended to speed reverse mortgage claim payments


    Washington, DC - - (October 22, 2018) - - The Federal Housing Administration (FHA) today announced revised requirements for Home Equity Conversion Mortgage (HECM) servicers when they assign FHA-insured reverse mortgages to the agency for claim payment.

    Effective immediately, FHA-approved HECM servicers can use alternative supporting documentation in lieu of previously required materials that, in many instances, delayed claim processing. Read FHA’s Mortgagee Letter. FHA Commissioner Brian Montgomery said, “Streamlining the HECM claim payment process makes us more responsive to participating lenders and helps continue our effort to put the program on a more financially viable path.” FHA’s new H
    ...
    See more | Go to post

  • U.S. Education Office for Civil Rights Launches Investigation into University of Southern California’s Handling of Sexual Harassment Claims

    U.S. Education Office for Civil Rights Launches Investigation into University of Southern California’s Handling of Sexual Harassment Claims


    Calls for full cooperation and transparency by university officials



    Washington, DC - - (June 11, 2018) - - The U.S. Department of Education’s Office for Civil Rights (OCR) today announced a Title IX directed, systemic investigation into the University of Southern California’s (USC) handling of reports of sexual harassment against former employee Dr. George Tyndall. OCR’s investigation will assess USC’s response to reports and complaints of sexual harassment during pelvic exams as early as 1990 that were not fully investigated by the University until spring 2016 and that the University did not disclose to OCR during an earlier investigation. “No student should ever endure sexual harassment or abuse while trying to pursue
    ...
    See more | Go to post

  • IRS Tax Time Guide says Contribute to an IRA by April 17 and claim it for 2017

    IRS Tax Time Guide says Contribute to an IRA by April 17 and claim it for 2017




    Washington, DC - - (March 20, 2018) - - The Internal Revenue Service reminded taxpayers today that it’s not too late to contribute to an Individual Retirement Arrangement (IRA) and still claim it on a 2017 tax return. Anyone with an IRA may be eligible for a tax credit or deduction on their 2017 tax return if they make contributions by April 17, 2018.

    This is the sixth in a series of nine IRS news releases called the Tax Time Guide, designed to help taxpayers navigate common tax issues. This year’s tax-filing deadline is April 17. An IRA is designed to enable employees and the self-employed to save for retirement. Most taxpayers who work are eligible to start a traditional or Roth IRA or add money to an existing account. Contributions to a traditional IRA are often tax deductible, but dis
    ...
    See more | Go to post

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  • Staff Reporter 1
    Federal Housing Administration announces Streamlined Claim Payment Requirements in Home Equity Conversion Mortgage Program
    by Staff Reporter 1
    Federal Housing Administration announces Streamlined Claim Payment Requirements in Home Equity Conversion Mortgage Program
    Link


    Action intended to speed reverse mortgage claim payments


    Washington, DC - - (October 22, 2018) - - The Federal Housing Administration (FHA) today announced revised requirements for Home Equity Conversion Mortgage (HECM) servicers when they assign FHA-insured reverse mortgages to the agency for claim payment.

    Effective immediately, FHA-approved HECM servicers can use alternative supporting documentation in lieu of previously required materials that, in many instances, delayed claim processing. Read FHA’s Mortgagee Letter. FHA Commissioner Brian Montgomery said, “Streamlining the HECM claim payment process makes us more responsive to participating lenders and helps continue our effort to put the program on a more financially viable path.” FHA’s new H
    ...
    10-27-2018, 08:34 AM
  • Staff Reporter 1
    U.S. Education Office for Civil Rights Launches Investigation into University of Southern California’s Handling of Sexual Harassment Claims
    by Staff Reporter 1
    U.S. Education Office for Civil Rights Launches Investigation into University of Southern California’s Handling of Sexual Harassment Claims


    Calls for full cooperation and transparency by university officials



    Washington, DC - - (June 11, 2018) - - The U.S. Department of Education’s Office for Civil Rights (OCR) today announced a Title IX directed, systemic investigation into the University of Southern California’s (USC) handling of reports of sexual harassment against former employee Dr. George Tyndall. OCR’s investigation will assess USC’s response to reports and complaints of sexual harassment during pelvic exams as early as 1990 that were not fully investigated by the University until spring 2016 and that the University did not disclose to OCR during an earlier investigation. “No student should ever endure sexual harassment or abuse while trying to pursue
    ...
    06-14-2018, 05:38 AM
  • Staff Reporter 1
    IRS Tax Time Guide says Contribute to an IRA by April 17 and claim it for 2017
    by Staff Reporter 1
    IRS Tax Time Guide says Contribute to an IRA by April 17 and claim it for 2017




    Washington, DC - - (March 20, 2018) - - The Internal Revenue Service reminded taxpayers today that it’s not too late to contribute to an Individual Retirement Arrangement (IRA) and still claim it on a 2017 tax return. Anyone with an IRA may be eligible for a tax credit or deduction on their 2017 tax return if they make contributions by April 17, 2018.

    This is the sixth in a series of nine IRS news releases called the Tax Time Guide, designed to help taxpayers navigate common tax issues. This year’s tax-filing deadline is April 17. An IRA is designed to enable employees and the self-employed to save for retirement. Most taxpayers who work are eligible to start a traditional or Roth IRA or add money to an existing account. Contributions to a traditional IRA are often tax deductible, but dis
    ...
    03-22-2018, 05:18 PM

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