Adrianne Todman, the new acting secretary of the Department of Housing and Urban Development, called for more action to solve the affordable housing crisis.

CHLA endorses House Resolution 612 to protect veterans benefits; VA finalizes rule updating loss-mitigation terminology; VA adopts a no cash, no check policy; Ginnie adds low- to moderate-income data disclosures related to its home equity conversion mortgage MBS program; HUD to hold vacant home sale related to its HECM program.

Lenders using automation to enhance underwriting should ensure their models measure fairness to applicants and not just data accuracy.

Many mortgage brokers failed to satisfy a two-part test that determines whether compensation they received from a lender is permissible under the Real Estate Settlement Procedures Act.

The class action seeks to incorporate all FHA borrowers who are owed an unclaimed refund on mortgage insurance premiums due to early termination of their loans.

The new rules come a month after FHA released a final rule eliminating the requirement that mortgage lenders register all branch offices where they conduct FHA business.

HUD issued a final rule clarifying requirements for its Section 184 Indian Housing loan guarantee program.

Congress reauthorizes National Flood Insurance Program; Navy Federal Credit Union completes external review; and more.

Marcia Fudge, secretary of the Department of Housing and Urban Development, this week announced her retirement, effective March 22. HUD Deputy Secretary Adrianne Todman will step in as acting secretary.

President Biden last weekend signed a six-bill fiscal 2024 appropriations package that includes funding for the departments of Housing and Urban Development, Veterans Affairs and Agriculture.