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HUD Proposes Changes to Face-to-Face Meeting Mandate

August 3, 2023
Monica Hogan
HUD is seeking feedback on a plan to make permanent COVID-era flexibilities related to face-to-face meeting requirements between delinquent borrowers and mortgage servicers.
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Mixed Views on Chance of Recession, Housing Impact

August 3, 2023
Monica Hogan
The housing recession is “essentially over,” according to Lawrence Yun, chief economist for the National Association of Realtors.
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Berkley v. FHFA Heads Back to Court

August 3, 2023
Dennis Hollier
Plaintiffs’ attorney Hamish Hume said he’s optimistic shareholders can persuade a DC jury that FHFA and the Treasury violated shareholders’ contractual rights when they agreed to implement the net worth sweep in 2012.
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Around the Industry

July 28, 2023
Monica Hogan
NFHA submits comments on HUD’s proposed rule on protections for persons with disabilities; HUD’s Office of Housing Counseling to host virtual community conference.
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FHLB Dallas Expands HAVEN Grants to Vets

July 28, 2023
Monica Hogan
Recipients of the Housing Assistance for Veterans grants can use the funds for downpayments or closing costs to help purchase a first home, the Federal Home Loan Bank of Dallas said.
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USDA Launches Two Tribal Housing Pilots

July 28, 2023
Monica Hogan
The pilot programs involve allowing desktop appraisals and financing for renovations.
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Senate Advances Tribal Trust Land Homeownership Act

July 28, 2023
Monica Hogan
The new bill would reduce or eliminate processing delays, thereby encouraging more lenders to participate in trust land mortgage lending, according to the Mortgage Bankers Association.
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Senate, House Committees Draft HUD Appropriations Bills

July 28, 2023
Monica Hogan
There’s growing concern that time is growing short to reach a bipartisan, bicameral consensus on HUD spending.
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Partnership With GSEs Could Help Bolster FHA, UI Paper Says

July 28, 2023
Monica Hogan
FHA and the government-sponsored enterprises could do more to expand consumer access to mortgage credit if they collaborate, according to the Urban Institute’s Housing Finance Policy Center.
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Redwood to Increase Jumbo Activity Through Bank Partnerships

July 28, 2023
James Dohnert
Redwood Trust believes banks will need to turn to new liquidity partners as regulatory pressure mounts.
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