Details were published in Mortgagee Letter 2023-08.

Given the current market liquidity conditions, FHA proposed expediting the processing of claims tied to its home-equity conversion mortgage program.

The HUD OIG will soon report on an audit examining Ginnie Mae’s process for managing troubled issuers, according to Inspector General Rae Oliver Davis.

The proposed rule is meant to help borrowers in loss mitigation by eliminating the Mortgage Recovery Advance’s second-lien requirement.

The USDA needs an influx of resources to boost staffing and improve information technology to meet the needs of its home loan programs.

There are separate toolkits for conventional loans and those backed by the government housing agencies.

A new paper by the Joint Center for Housing Studies at Harvard University recommended increasing the amount of downpayment assistance to Black and Hispanic first-time homebuyers using FHA loans.

HUD’s proposed certification requirement for housing counselors in its tribal programs has come under criticism for its impact on cost and capacity.

FHA appoints Edelman as deputy assistant secretary of single-family housing; VA issues updated guidance for noncompliant IRRRLs.

Delinquencies and modifications of non-qualified mortgages increased again in February, continuing a trend that started over the summer.