The new Federal Advisory Committee on Affordable, Equitable and Sustainable Housing includes a who’s who of housing finance experts, equitable housing advocates and industry representatives.

The Treasury Department announced $100 million in affordable housing funding, while HUD named recipients of its Pathways to Removing Obstacles to Housing grant competition.

The grants are intended to help increase housing supply for renters and homeowners.

Sutherland and NOVAD formed a servicing operation in 2014 that won a contract to service reverse mortgages for HUD. The companies remained reverse-mortgage servicers until near the end of 2022.

FHA seeks comments on proposed updates to its defect taxonomy; FHA implements final rule which distinguishes between governmental institutions and government-sponsored enterprises.

The government home loan programs have different eligibility requirements for Native American borrowers based on geography and income levels.

VA issues circular on upcoming changes to its full file loan review submission process; FHA launches case binder module updates to its Catalyst system; FHA releases pre-recorded webinar for first-time homebuyers.

FHA has doubled the fees servicers are allowed to charge for processing an assumable mortgage to a maximum of $1,800.

A coalition of conservative organizations, led by the Heritage Foundation, has published a 920-page handbook called Project 2025, laying out the policy agenda for the next conservative administration.

Rocket and the loan originator denied all housing discrimination allegations but entered into the agreement with HUD to obtain closure.