September 2018
Single Family Programs Newsletter
THDA Becomes HUD-Approved Agency,
Seeks HUD Housing Counseling Funding

Earlier this year, THDA completed the requirements to become a HUD-approved counseling agency. This paved the way for the organization to apply for HUD housing counseling funds through the 2018 Notice of Funding Availability (NOFA) for HUD’s Housing Counseling Grant Program.

The road to becoming a HUD-approved counseling agency began when THDA hired housing counselors in mid-2017. Kendra Love serves as the West TN counselor ; Russell Catron serves as the Middle TN counselor ; and Josh McKinney serves as the East TN counselor . Each passed HUD’s housing counseling certification exam qualifying them to serve as HUD-approved housing counselors. After an application process, HUD approved THDA as a direct provider of housing counseling services. “It was a long road to travel,” said Homebuyer Education Program Manager Jayna Johnson , “but achieving that approval puts THDA in an excellent position to make the most out of HUD grant funds. Now we can say that we’re fully equipped to help all Tennesseans obtain and protect safe and affordable housing opportunities.”

Following that approval THDA submitted an application to receive a portion of the $47 million that Congress appropriated for housing counseling through the 2018 HUD NOFA. That application included six Tennessee housing counseling agencies as sub-grantees, organizations that will receive a portion o the funds, if any, awarded to THDA. “Our sub-grantees are our partners in this application,” Johnson said. “These funds will expand the counseling services they currently offer while creating opportunities for them to offer new services that address ever-changing housing needs.” Johnson said that THDA, if its application is approved, also plans to use awarded funds to support continuing education opportunities for all housing counseling agencies in the state. These opportunities will include trainings on default counseling for home-equity conversion mortgages and disaster recovery housing counseling, among other topics. Finally, a significant portion of awarded funds will be used to provide direct housing counseling services to THDA customers.

“It’s an exciting moment for us in the industry,” Johnson said. “Tennessee is a national leader in providing housing counseling and education opportunities to its citizens. THDA’s approval as a HUD-approved counseling agency and as a potential recipient of HUD housing counseling funds will only strengthen and expand these opportunities throughout the state.”
  • Please keep in mind when submitting loan documentation to THDA, all documents must be less than 30 days old, this includes VOE, paystubs and bank statements.

  • Our Submission Checklist is a guide for you to insure all documentation is uploaded in a consistent order to facilitate a quick turnaround time for your commitment. By following our Submission Checklist you are insuring you have all docs needed for underwriting review. 
REALTOR® CORNER
REALTORS: Did you know THDA’s approved homebuyers received $7,144 on average in down payment assistance through the Great Choice Plus program in 2017? THDA offers free, four-hour CE classes on the Great Choice Home Loan program. THDA’s Debbie Reeves , Real Estate Industry Advisor , will teach you everything you need to know to write a THDA contract. Sign-up through your area Association. Contact Debbie Reeves at dreeves@thda.org.


UPCOMING REALTOR ® TRAININGS


December 6, 12pm - 4pm, Thursday
Greater Nashville REALTORS®
4540 Trousdale Drive
Nashville, TN 37204


February 13, 9am - 1pm, Wednesday
Knoxville Area Association of REALTORS®
609 Weisgarber Road
Knoxville, TN 37919-4018
 
STATEWIDE
Monthly OA Rankings - August 31, 2018
Our total application production for August is $66,160,822 .
STATEWIDE
Year-to-Date OA Rankings through Augut 31, 2018
Our total application production through August is $431,914,687 .
EAST TN REGION
OA Rankings through August 31, 2018
MIDDLE TN REGION
OA Rankings through August 31, 2018
WEST TN REGION
OA Rankings through August 31, 2018
Star Rewards Update

25 Perfect Loan Submissions    

Connie Brewington, Platinum Financial Funding
  
15 Perfect Loan Submissions  

Frederica Maxwell , Mortgage Investors Group
Taylor Gobble , First Citizens National

14 Perfect Loan Submissions

Neva Huddleston, Everett Financial

11 Perfect Loan Submissions  

Shelley Allen, Bank of Cleveland
Pam German, Leaders Credit Union

8 Perfect Loan Submissions  

Melissa Brefini , Mortgage Investors Group
Top Honors Update

THDA Top Loan Originators

61 Closed Loans: Tammy Barr, Everett Financial      

35 Closed Loans:  Marissa French, People's Home Equity
28 Closed Loans: Michael Worley, Mortgage Investors Group

27 Closed Loans:  Brandy Deloach, First Community Mtg
  
24 Closed Loans: Belinda Arender, Iberiabank
Lisa Rogers, CMG Mortgage
             
23 Closed Loans:  Stacy Flynn, Mortgage Investors Group
Carey Ann Cyr, CMG Mortgage Inc.
               
THDA Top Selling Agents  
 
8 Closed Loans :    Joey Conner, Michael Baker, Barbara Wilson, Michael Swift

7 Closed Loans: Ryan Whiteside, Bernie Gallerani

6 Closed Loans: Chad King, Sarah Richards, Marcia Botts, Seldon Briggs, Dennis Brooks


THDA Top Listing Agents 

11 Closed Loans :  Sarah Richards

8 Closed Loans: Jodie Parrish, Susanne Flynn

7 Closed Loans: Todd Haltom, Joey Conner

6 Closed Loans: Will Glafenhein, Cindi Richardson, Jon Putt, Ryan Whiteside

               
THDA Top Builders
           
20 Closed Loans:  LGI Homes

15 Closed Loans: Ole South

11 Closed Loans:  Ryan Homes

9 Closed Loans: Clayton Homes
Results for Star Rewards and Top Honors are based on accuracy of data 
submitted , for loans closed 1/1/18 to 8/31/18.
For mortgage related questions, please call the Single Family help desk at 615-815-2100 or email sfASK@thda.org.