HDS News

/HDS News

All HDS news.

Managing CARES Act Grants

On Friday, July 24, 2020, HDS and clients will participate in a Working Group discussion surrounding the HUD posted announcement surrounding the CARES Act Funding Grants. HUD has posted an addendum to the Annual Contributions Contract (ACC) that allows Contract Administrators to opt into the $1 Billion CARES Act Relief Funding. Specifically, these funds [...]

By | 2020-07-23T12:00:04-04:00 July 23rd, 2020|

HDS Celebrates 22 Years of Commitment

Dear valued client and industry partners and HDS Family,   This year we celebrate 22 years of commitment to affordable housing and community development, bringing technology and service solutions to this industry.  Our mission for over two decades has been to support this market and the initiatives of our agency clients and partners.  We thank you [...]

By | 2020-06-17T18:06:54-04:00 June 17th, 2020|

WE HAVE MOVED OUR HEADQUARTERS

We are excited to announce that as of yesterday, June 1st, we are officially moved into our new headquarters in Miami Lakes, FL. Please make sure you UPDATE our new address as noted below, and distribute as needed to your departments. Our telephone numbers and email addresses will remain the same. This has been [...]

By | 2020-06-03T13:25:04-04:00 June 2nd, 2020|

FHFA and Servicer Liquidity Concerns

Mortgage Loan Servicers receive direction from FHFA on the advance obligation limit for loans that are in forbearance due to COVID-19. Under normal circumstances, Servicers who are issuers of MBS’ for Fannie Mae and Freddie Mac are obligated to advance the P & I portion of payments on loans in the MBS whether or not [...]

By | 2020-04-23T09:08:37-04:00 April 23rd, 2020|