There’s growing concern that time is growing short to reach a bipartisan, bicameral consensus on HUD spending.

Investing mortgagees, companies that can buy FHA loans but can’t originate them, would face somewhat tougher standards under the proposed changes.

The proposed rule would expand the methods of communication servicers can use to reach borrowers in default in order to comply with HUD’s face-to-face meeting requirements.

Industry participants spoke last week on effective implementation of the Department of Housing and Urban Development’s discriminatory effects rule during a conference of the National Fair Housing Alliance.

Experts call for ongoing, intentional and collaborative efforts across federal agencies to combat racial disparities in homeownership and access to housing financing.

During the annual conference of the National Fair Housing Alliance this week, stakeholders outlined appraisal reform efforts.

Department of Housing and Urban Development programs would be funded at much lower levels than those called for in President Biden’s budget proposal under a fiscal 2024 bill introduced in the House this week.

USDA deputy secretary confirmed; HUD seeks comments on burdens facing FHA lenders in maintaining eligibility; Ginnie Mae expands LMI disclosure initiative; and more.

FHFA wants the authority to suspend counterparties that have been sanctioned by other federal or state regulators. The agency argues that the outcomes of certain civil actions are analogous to criminal convictions.

Two former Movement employees triggered the investigation against the lender when they filed a whistleblower civil action in 2018.