HUD Neighborhood Watch

Posted on November 3, 2009. Filed under: Industry News | Tags: , , |

FHAFHA and HUD lending policies continue to become more influential so I wanted to quickly overview the HUD Neighborhood Watch program and what it involves.  Neighborhood Watch was created to aid HUD/FHA/Lenders  in monitoring particular lending practices or patterns and their related loan performance within specific geographies.  It is viewed as an early warning system that can alert HUD/Lenders if excessive early loan defaults exist in noted areas.   If a lender has above average default rates in certain geographies it can be used as a tool to manage risk by strengthening qualification requirements within that area, for example by raising the minimum credit score.

Detailed information can be found here: and then use the “help/about” tab at the top.


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