Podcast EP 05: "HUD Sales updates and details on investment" with our special guest Marlene RobinsonThis podcast features a conversation between host Alex Goldovsky, CEO of
ProTitle USA,
DocSolution USA and
One Diligence, and Marlene Robinson, Senior Program Advisor for the Office of Asset Sales at the Department of Housing and Urban Development (HUD).
They discuss HUD's loan sales program, which includes the sale of defaulted FHA mortgage bonds on single-family and multifamily buildings.
The goal of the program is to reimburse HUD for losses and provide housing and affordable housing opportunities.
The interviewees discuss in depth the history of the program, the bidder qualification process, the role of service companies, and post-sales reporting requirements.
Finally, Alex Goldovsky and his guest touched on upcoming sales and the future of the HUD program.
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