Program Description

UFI serves as Administrator and Compliance Agent on single family bond issues, mortgage credit certificate programs, 2nd trust deed programs including Mortgage Assistance and Fee-Assistance Programs.

The bond administration staff has both public and private sector experience, including experience in residential lending and real estate sales.

The bond administration staff reviews all loan packages for compliance on the home ownership programs. UFI communicates with the Issuer and lenders to keep them abreast of the availability of funds. Our website can be used to obtain on-line loan status for participating lenders. UFI uses a management information system to streamline the administration/compliance process. Custom reports can be provided as needed. We also prepare the quarterly 8330 IRS report for mortgage credit certificate programs.