Bay Area Wealth Builders Association

08/27/2026

Swept away by the Waves...?

08/23/2026

Do Not Wait! - PRE-Register Today
Discounted Tuition ENDS in < LESS than 9 Days !

DO NOT MISSS

08/21/2026

Caveat emptor is a Latin phrase that means "let the buyer beware."

WARNING: Exercise caution especially if you are buying a property SUBJECT TO the existing borrowers Low interest Rate DEBT;
https://content.govdelivery.com/accounts/USHUDFHA/bulletins/3dc0946

Under the permanent FHA loss mitigation framework that took effect on October 1, 2025 lenders can CHANGE the existing Note INTEREST rate when executing a permanent loan modification. The FHA "waterfall" does not force a strict "either/or" choice between a rate change and a zero-interest partial claim; instead, servicers apply tools in a structured sequence to achieve target payment relief.

Here is HOW the so called "Waterfall Options" can workout for the struggling borrower;
and How the loan workout Options can work in the Waterfall

*Standalone Partial Claim: For minor or short-term hardships, arrearages can first be put on the sidelines via a zero-interest FHA partial claim without changing the primary note terms.

*Loan Modification with Rate and Term Changes: If a standalone partial claim or term extension (up to 40 years) does not suffice, the FHA loss mitigation waterfall requires re-amortizing the balance and resetting the interest rate to HUD's published CURRENT market interest rate.

*Combination Options: Lenders can combine a rate/term modification with a partial claim deferral (up to 30% of the unpaid principal balance at 0% interest) simultaneously if necessary to hit affordability targets.

FHA Ends the COVID-19 Loss Mitigation Waterfall Office of Housing sent this bulletin at 04/15/2025 12:30 PM EDT FHA INFO 2025-21 April 15, 2025 FHA Ends the Biden-era COVID-19 Loss Mitigation Waterfall Today, the Federal Housing Administration (FHA) published Mortgagee Letter (ML) 2025-12, Tightenin...

08/20/2026

FHA Sunsets its COVID-19 era Loss Mitigation programs effective 10-1-25. So Called Step by Step "Waterfall Loan Modifications" and Future Partial Claims may be in for drastic policy changes. As of October 1, borrowers cannot receive more than one permanent home-retention option in a 24-month period, except in cases where natural disasters have occurred. This policy shift is designed to promote timely and decisive intervention, reducing the cycle of repeated assistance and re-default.

Updated regulatory guidance marks pivotal shift in how mortgage servicers must manage borrower defaults and retention strategies and introduces significant updates to FHA’s loss mitigation framework.

08/18/2026

https://www.meetup.com/realestate-1641/events/316163380/?utm_medium=referral&utm_campaign=announce_event&utm_source=link&utm_version=v2&member_id=7099632

**BAWB - The Bay Area Wealth Builders Association** Your source for Practical Knowledge, Education, Discussion, & Networking Opportunities for **BOTH** the Beginning and Se

08/17/2026

Reverse Mortgages should be a Loan of LAST RESORT
(click below to review entire article)

08/15/2026

Do Not Miss this ALL Day upcoming Workshop Event; Saturday 9-19-26 in Corte Madera, CA - Real Estate Profits with Probates AND take advantage of Early Bird Discounted Tuition - REGISTER TODAY ! For more info see below

**REAL ESTATE Profits with PROBATE** **Unlock Hidden Real Estate Wealth by Mastering the California Probate market.** **A FULL DAY LIVE WORKSHOP EVENT- Corte Madera, CA**

08/15/2026

Attorneys and firms who worked with Mattson are being investigated by the LeFever Mattson Bankruptcy plan recovery Trust.

The team overseeing the bankruptcy of the once-lucrative LeFever Mattson company has told its real estate investors they might hope to expect a return of somewhere around 30% of their original investments, achieved through a combination of property liquidation and legal action.

08/15/2026

https://www.mpamag.com/us/news/general/fannie-mae-loses-foreclosure-judgment-after-suing-a-dead-borrower/586205

A judgment that stood since 2018, erased by a defect no clock could cure

08/05/2026

An Example of How a CA Conservatorship Process can be abused
and the alleged culprit is in Public elected office.

Records show Assemblymember Anamarie Ávila Farías also faced a temporary restraining order for elder abuse.