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.

FHA, VA and USDA easing access to mortgage credit for borrowers with medical debt; Ginnie Mae appoints two new executives; FHA to hold vacant property sale exclusively for nonprofits and local and state government agencies.

The new initiative will provide pricing incentives to multifamily property owners who accept housing choice vouchers issued by the Department of Housing and Urban Development.

Ginnie Mae will play a crucial role in creating a more inclusive housing-finance system as part of HUD’s strategic plan.

Seeking to further advance the Biden’s administration housing agenda, the White House’s proposed budget allocation includes $11.6 billion more for HUD in fiscal year 2023.

FHA will ensure appraisers have clear guidance on their antidiscrimination obligations under current laws, improve the processes for homeowners to seek revaluation and expand data sharing among agencies, among other plans.

HUD announced its goal to advance sustainable homeownership as part of its new fiscal 2022-2026 strategic action plan.

The mortgage industry is once again clamoring for FHA to cut its mortgage insurance premiums or to at least offer clarity on its plans to address its overcapitalized Mutual Mortgage Insurance Fund.