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OCC’s Hsu Says CRA Changes Coming Soon

February 22, 2022
Sam Manas
CRA trouble ahead? OCC chief Hsu: “Home mortgage lending is dominated by a few banks and nonbank institutions lending nationwide"...
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Private Mortgage Insurers Eye First-Time Homebuyers

February 18, 2022
Monica Hogan
Growth in the private-mortgage insurance sector is expected to slow somewhat in 2022.
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FHA Risks Losing Business Over Life-of-Loan Policies

February 18, 2022
Monica Hogan
Home lenders have a keen opportunity to target FHA borrowers for conventional refis, according to one vendor pitching its wares.
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Expert Urges FHA to Finalize Private Flood Insurance Rule

February 18, 2022
Monica Hogan
This is a recurring conversation every time the National Flood Insurance Program is up for an extension.
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FHA Restores Pre-Pandemic Multifamily Loan Policies

February 18, 2022
Monica Hogan
FHA has removed the temporary underwriting mitigants for its multifamily loan program that were imposed early in the pandemic.
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USDA Mandates Use of Automated Underwriting Technology

February 18, 2022
Monica Hogan
Starting May 9, lenders in the Rural Housing Service’s single-family loan program must use designated technologies.
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HUD OIG Releases Strategic Plan Targeting Fraud, More

February 18, 2022
Monica Hogan
The HUD watchdog plans to concentrate its oversight on high-risk and mission-critical areas, as well as emergency issues.
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Ginnie Publishes LIBOR Transition Reference Guide

February 18, 2022
Monica Hogan
Ginnie Mae and FHA continue to prepare for the impacts of a transition away from the London Interbank Offered Rate.
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Around the Industry

February 18, 2022
Monica Hogan
FHA clarifies deadlines for legal matters related to COVID-19 forbearance; FHA updates on Catalyst transition; Rural Housing Service hikes appraisal fee.
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Warehouse Commitments Drop, Usage Rates Begin to Crumble

February 18, 2022
Paul Muolo
Some financiers reported usage rates below 30%...
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