In summary, the 203A release, among other things, implements a presidential directive related to the collection of race and ethnicity data, complies with the new HUD streamlining rule requirements for reporting of Social Security Numbers. As well as adding new Section 8 Rental Assistance Demonstration reporting requirements, expands the data collected for repayment agreements and incorporates reporting of the details of Family Self Sufficiency escrow transactions.
HDS is excited about this release, our implementation of the final specifications is complete and in testing. This product will release in the coming months. Look out for your release announcement!