Among various clarifications, FHA noted that lenders must provide ROV disclosure at mortgage loan application and on delivery of the appraisal report.

HUD and VA are offering relief options for borrowers impacted by the widespread destruction caused by Hurricanes Helene and Milton.

HUD announces planned updates to its handbook for the management of multifamily affordable homes; VA announces revised release date for its Loan Guaranty Service Program Participant Management System; Ginnie introduces new monthly disclosure on rural loans in MBS.

FHA lenders said the proposed rule would raise the cost of multifamily construction lending.

There’s a large gap between damage from Hurricane Helene and what will be covered by the National Flood Insurance Program and the private property insurance market, according to CoreLogic.

Members of the Senate Budget Committee debated whether federal funding has any role to play in boosting the supply of affordable housing.

FHA said the revisions more closely align with computer-security incident notification standards crafted by the federal banking agencies.

At a conference on regulatory compliance and risk management this week, industry executives and government officials reiterated the importance of collaborating on policy to adapt to changes in the housing market.

Housing counseling agencies should increase training on home equity conversion mortgages to accommodate the rise in older Americans who want to age in place, according to FHA Commissioner Julia Gordon.

In July, FHA proposed a new rule governing the sale of seriously delinquent single-family home loans when they’re no longer insured by the agency.