Single Family Programs

Portfolio Management

Single Family Programs

Portfolio Management

The Portfolio Management division works with all single family loan servicers and oversees servicing performance and loss mitigation efforts. Additionally, the division oversees the maintenance, preparation for market and sale of single family REO properties. The division reaches out to mortgage servicers to provide loan modifications to financially challenged families to make them aware of their loss mitigation options.

Accomplishments

  • Sold 138 Real Estate Owned Properties (REOs)

  • Received $149,253 in property taxes from counties where property taxes were paid on REOs

  • Approved and closed 185 short sales

  • Approved 123 rental requests

  • Processed 482 loan modification requests

  • Collected $76,475 in penalties and required servicers to repurchase 63 loans for a total of $14,731,454 for noncompliance to our servicer guidelines

  • Single Points of Contact for CalHFA Loan Servicing; Approved 89 short sales, approved 201 loan modifications and collected $4,992,816 in Keep Your Home California funds

1988
California Housing Loan Insurance Fund begins

Contact Us

marketing@calhfa.ca.gov

(877) 922-5432

P.O. Box 4034
Sacramento, CA 95812-4034