Freedom Mortgage's purchase of a competitor has hit the skids. The top-ranked FHA/VA firm announced the deal a year ago.

Brian Montgomery’s confirmation as HUD deputy secretary paves the way for Dana Wade’s appointment as the next FHA commissioner.

FHA is extending its foreclosure and eviction moratorium for single-family properties through June 30. Temporary policy flexibilities for lenders and appraisers also have been extended.

The Mortgage Bankers Association has asked FHA to clarify whether those who opt for the emergency partial claim will be disqualified for a HAMP modification in the next 24 months.

HUD, the CFPB and the FHFA launched a joint website to provide COVID-19-related information to borrowers.

FHA’s pricing grid on COVID-19 loans in forbearance is said to be “at legal” and could see the light of day by the end of next week.

The powerful trade group urged FHA not to increase insurance premiums in order to address risks related to COVID-19 forbearance.

Information provided by FHA servicers regarding forbearance options is “inconsistent and dated,” according to the HUD watchdog.

Pandemic-related forbearance requests continued to rise in the week ending April 19, according to the latest MBA tally.

The nation’s 16th largest home lender settled the FHA charges, which included paying unlawful gifts and commissions to underwriters.