Antiquated IT systems constrain the HUD Office of Housing Counseling’s ability to collect data and assess the outcomes of its programs. Funding for an upgrade has yet to be allocated.

Ginnie Mae gets a new leader; HUD officially starts search for new headquarters; foreclosure moratorium extended for hurricane-impacted area; USDA makes handbook changes.

The program, developed by the Biden administration, purchases delinquent VA loans from servicers to help veterans avoid foreclosure.

The elimination of eligibility of non-permanent U.S. residents for FHA loans could leave FHA lenders liable for mistakes made when certifying a borrower’s residency status.

Previously-fired probationary employees at HUD are stuck in an administrative leave purgatory awaiting a court decision, while rumors continue to circulate of field-office closures.

FHA should limit borrowers to qualify for one permanent home-retention option every 18 months to cut costs to its insurance fund and help borrowers maintain equity, MBA and others said in a letter to HUD.

The website streamlining effort included a roughly 90% reduction in content, leaving broken links in its wake.

Court rules in favor of Ginnie in Texas Capital Bank lawsuit; Rate waives “unnecessary fees” for VA loans; FHA waives reviews of EPD in disaster area; HUD revokes lender’s DE authority in New Orleans.

The quality control processes of two FHA lenders affected review sample sizes, risk evaluations and reviews of loans that experience early payment defaults.

FHA lending looks to be continuing uninterrupted amid recent staff cuts at HUD, though there are concerns about operations and oversight going forward.