The Department of Veterans Affairs’ first annual conference since 2019 will include panels for mortgage servicers and home appraisers in addition to lender-focused talks.

Home sellers have become more receptive to FHA offers now that the market has started to cool, according to Black Knight Vice President Andy Walden.

The White House has requested $73.3 billion for the Department of Housing and Urban Development in fiscal 2024.

FHA is taking feedback through April 27 on a draft mortgagee letter proposing the use of rental income from accessory dwelling units to calculate borrowers’ eligibility for a home loan.

The industry largely asked FHA to align the policies of the Section 203(k) rehabilitation loan program with those of the government-sponsored enterprises.

Lawmakers heard from Solomon Greene, who has been renominated to serve as assistant secretary for policy development and research, and David Uejio, who has been renominated for the position of assistant secretary for fair housing and equal opportunity at HUD.

Some federal agencies extend forbearance request deadlines; Guaranteed Rate ramps up reverse mortgage lending; Brewer, ME-based woman pleads guilty in VA home loan false statements case; Rural Housing Service sets timeline for 2023 housing preservation grant program.

Sure, big banks have sizeable unrealized losses from MBS classified as held-to-maturity. But as long as the banks don’t sell the MBS, the losses remain unrealized.

MIAC last weekend was the victim of a ransomware attack traced to Russia. The loan trader and asset evaluator did not cave to the demands of hackers, but the incident proved to be a major headache.

Private student loan refis and ABS issuance linked to the loans look poised to increase after plummeting in 2022.