Funding for the Department of Housing and Urban Development is expected to be remain static in 2024 compared to this year’s levels.

HUD for the first time has committed to making its FHA appraisal data publicly available. The disclosures will be available later this year.

A revised version of the Homes for Every Local Protector Educator and Responder Act was introduced in Congress last week. The bill would offer downpayment assistance through the FHA loan program for many teachers and first responders.

Under the modified policy, FHA decreased the minimum loan balance threshold at which a mortgagee can submit the assignment request for a home equity conversion mortgage.

Condos can be an important source of affordable homeownership, according to the Department of Housing and Urban Development.

The Department of Housing and Urban Development didn’t ensure lenders consistently followed temporary forbearance policy requirements or ensure that indemnification agreement data and related records were complete and accurate, according to the HUD Office of Inspector General.

VA updates lenders on refund modification program; Ginnie appoints two senior advisors; HUD extends comment deadline on floodplain management; FEMA seeks technical mapping advisory council applicants; HUD and USDA seek comments on updated energy efficiency codes.

The Department of Housing and Urban Development maintains a searchable list of approved condominium projects eligible for FHA condo loans.

Remarks included concerns regarding the costs of complying with FHA’s proposed revision to minimum property standards for flood hazard exposure.

The success of the Section 203(k) program depends on reforms that would make it more accessible for borrowers and operationally feasible for lenders, according to the Mortgage Bankers Association.