Federal agencies want servicers of government-backed mortgages to pause foreclosure proceedings when the homeowner’s application for relief under the Homeowner Assistance Fund is pending.

FHA officials Lopa Kolluri and Julienne Joseph further explain the motivating rationale for allowing a new 40-year loan-modification option for borrowers financially impacted by the pandemic.

The Department of Housing and Urban Development’s Mortgagee Review Board took disciplinary actions against 97 FHA-approved lenders during fiscal year 2021.

The White House this month announced the launch of its Rural Partners Network, an effort to “transform the way federal agencies partner with rural places to create economic opportunity.”

The owner of a New Jersey-based property management company pleaded guilty to making false reports and statements to HUD.

Senate majority leader files cloture on Gordon’s confirmation for FHA chief; HUD OIG announces two Ginnie audits; HUD to host webinar for reverse mortgage counselors; FHA extends temporary shutdown of loan review system; HUD updates civil monetary penalties; FHA closes multifamily housing loan; USDA updates lender requirements for OneRD guaranteed loan initiative; USDA opens SF loan program to non-citizens.

Amid growing calls among industry participants for a reduction in FHA mortgage insurance premiums, some experts believe FHA’s wait-and-see approach is the right way to go.

The plan highlights FHA activities aimed at maximizing homeownership for first-time homebuyers, among other actions.

The Department of Housing and Urban Development outlined certain essential functions that housing counseling agencies should focus on when creating a succession plan.

Owners of nursing homes in FHA’s Section 232 program faced financial and operational challenges stemming from the pandemic.