Speaking at a Housing Finance Strategies event this week, FHA Commissioner Julia Gordon said she wants to improve the way the agency interacts with lenders and servicers.

Verified on-time monthly payments of $300 or more in the previous 12 months will be considered as positive rental payment history.

Industry stakeholders are calling for regulatory and legislative changes to support the FHA Title I manufactured housing program.

Hearings in Congress with the CEOs of seven megabanks stretched for more than nine hours across two days. The executives touted mortgage programs for minorities and listed their regulatory concerns.

Loan performance at Fannie and Freddie leads overall delinquency rates to a two-decade low.

Four trade groups, including the Mortgage Bankers Association, are asking the White House’s National Economic Council to support a reduction in FHA mortgage insurance premiums.

The new policy only applies to FHA multifamily loans endorsed after the release of the Sept. 7 mortgagee letter.

The Mortgage Bankers Association has recommended changes to FHA’s plans to modify the 203(k) Rehabilitation Mortgage Insurance Program.

FHA pauses integration of Catalyst Electronic Appraisal Delivery module; VA sends proposed rule to OMB; House committee introduces bill to strengthen the Community Reinvestment Act; VA Financial Management System will be unavailable Oct. 1 to Oct. 5; Ginnie Mae to hold modernization outreach call; MBA survey shows uptick in government loan share of weekly mortgage applications.

The plea came in the form of a letter to Brian Deese, director of President Biden’s National Economic Council.