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.

FHA this week temporarily shut down its Loan Review System after users reported intermittent document errors over the past several weeks.

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.

Experts continue to debate how and when FHA should implement insurance premium reductions. Also, last week, Julia Gordon’s nomination to head FHA advanced in the Senate.

The lack of purchase-mortgage lending activity in Detroit contributes to low home values, deteriorating housing stock and high rates of residential property vacancies, according to a new study from Detroit Future City.

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.