Jeffrey Weidell, CEO of Northmarq, testified before a House oversight subcommittee last month on behalf of the MBA.

FHA plans outreach and training to lenders and appraisers on the rule’s impact.

The guidelines lay out the process lenders must develop for borrowers to request an appraisal reassessment when they believe a valuation was inaccurate or biased.

The Department of Housing and Urban Development has finalized rules that would modernize residential building standards.

The Department of Housing and Urban Development’s Adrianne Todman last week made her first appearance before the Senate Banking and Housing Committee as acting secretary.

Alanna McCargo, the outgoing Ginnie Mae president, is receiving praise for achievements, including obtaining a significant boost in funding from Congress.

The final rule on the Federal Flood Risk Management Standard includes new requirements for FHA mortgages.

HUD finalizes rule on interested party contributions for FHA HECM for purchase program; Ginnie announces payment default status dataset; federal jury convicts FHA borrower of fraud; and more news briefs.

The administrative actions last year resulted in civil monetary penalties of more than $26 million.

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