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Home » HUD

Articles Tagged with ''HUD''

Trump Victory May Reset Mortgage Regulatory Environment

November 7, 2024
Dennis Hollier
FHFA and CFPB insiders expect the new administration to make quick changes in agency leadership, a process made easier by Republicans gaining control of the Senate.
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Todman Rallies Lenders to Support First-Time Homebuyers

October 31, 2024
Monica Hogan
HUD’s acting secretary said many younger Americans don’t believe they will have the same housing opportunities as their parents.
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HUD Leader Calls for Bold Action on Homeownership

October 29, 2024
Monica Hogan
HUD Secretary Adrianne Todman rallied lenders at the Mortgage Bankers Association's annual convention.
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MBA Opposes FHA Proposal on Partial Claim Payoff Statement

October 25, 2024
Monica Hogan
The Mortgage Bankers Association warned that the proposed changes would expose servicers to new operational and regulatory risks.
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Appeals Court Sides With HUD in REO Breach of Contract Case

October 25, 2024
Monica Hogan
The U.S. Court of Appeals for the Federal Circuit affirmed a lower court decision denying a breach of contract claim against the Department of Housing and Urban Development.
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FHA Proposes Changes on Foreclosures of HUD-Held Loans

October 25, 2024
Monica Hogan
FHA released a draft mortgagee letter this week proposing new nonjudicial foreclosure processes for mortgage liens held by the secretary of the Department of Housing and Urban Development.
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HUD Official Touts Updates to FHA Home Repair Financing

October 25, 2024
Monica Hogan
The changes include higher loan limits for the 203(k) loans as well as higher fees for FHA-approved consultants.
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Around the Industry

October 25, 2024
Monica Hogan
FHA releases draft guidance on employment requirements for direct endorsement underwriters; OIG outlines top HUD management challenges; MISMO plans reverse mortgage data standards; and HUD announces latest appointments to Housing Counseling Federal Advisory Board.
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DOJ Sues Rocket, Appraisal Entities for Discrimination

October 24, 2024
Shannon Clark
A Black borrower alleged that Rocket Mortgage canceled her refinance application after she repeatedly requested that her home appraisal be revised because it was discriminatory.
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More Funding Needed to Support Home Repair Programs

October 18, 2024
Monica Hogan
Government agencies, philanthropic organizations and the housing finance community must work together to create funding sources for home repair programs to help sustain affordable homeownership, according to the Joint Center for Housing Studies at Harvard University.
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