Independent mortgage bankers have asked FHA to remove delinquent natural disaster loans in forbearance from the Neighborhood Watch database to ease investor concern over FHA lender performance.

Legislation has been introduced in the House and Senate to help prevent FHA foreclosures by increasing oversight of mortgage servicers to ensure they are complying with loss-mitigation requirements.

Trade groups are asking HUD to eliminate the FHA certifications entirely or replace them with language indicating a lender acknowledges key FHA requirements based on loan eligibility.

Trade groups are urging HUD to revise policies related to distressed asset sales as the FHA moves to make its Loan Sale Program permanent.

Despite FHA’s efforts to improve processes, the GAO said it still takes unnecessarily long for servicers to transfer foreclosed properties.

A U.S. bankruptcy court in Delaware has appointed a trustee to take charge of the involuntary liquidation of Live Well Financial.

VA has directed lenders not to advise veterans to close a loan without first verifying their exemption from paying the VA funding fee.

A federal judge agreed to delay guidance that threatens to restrict Native American housing lenders from offering downpayment assistance.