Neighborhood Watch
HUD has announced its intention to step up its enforcement efforts using Neighborhood Watch as a yardstick (or billyclub) to determine which lenders to sanction. The purpose of Default Watch is to educate lenders on how to read and use Neighborhood Watch so measures can be taken to comply with the ‘New Sheriff’. We will provide up-to-date information on HUD’s enforcement efforts, and, yes, we will even help you track the carnage.