Maintain Mission of Serving the Underserved Extensive Housing Counseling Support – Grants to Non-Profits and Counseling Intermediaries – Grants to support counseling Training – Development of Counseling Protocols to ensure effectives of counseling programs – Oversight and Monitoring of counselors – Support of efforts to educate public and enforce on scams affecting delinquency and foreclosure process, seniors, underserved borrowers – Creation of new Office of Housing Counseling New HECM Saver – New pricing option with minimal upfront fees for borrowers who want less cash Broader FICO and LTV guidelines to ensure access to lending for underserved, qualifying borrowers Continue to focus on opposing predatory lending, fraud and irresponsible business practices Consumer Protection in the home buying process – RESPA – SAFE Act Encourage lenders to adopt FHA Guidelines – eliminate policy overlays that limit availability to the programs 12
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