The Mortgage Bankers Association supported the Department of Housing and Urban Development’s proposal to cease requiring a permanent steel chassis on the upper floors of a tiered manufactured structure. The National Association of Home Builders urged HUD to update its codes so the structures remained safe.

FHA and VA borrowers saw more consistent interest rates on new production regardless of their credit score, compared with borrowers who received conventional mortgages.FHA and VA borrowers saw more consistent rate outcomes regardless of their credit score, versus conventional mortgage borrowers.

FHA updates handbook; Ginnie portfolio nears $3 trillion; Ginnie prepares for MFA sign-in.

FHA serious delinquencies have spiked in recent quarters because of a reporting change implemented under a new loss-mitigation regime, but improving early-stage delinquencies could foreshadow the start of normalization.

The agency recently issued a draft policy that would allow servicers to structure FHA partial claims similarly to other servicing advances rather than as a subordinate note.

The 21st Century ROAD to Housing Act includes some initiatives meant to enhance FHA’s multifamily program, which has seen reduced usage since the pandemic.

The foreclosure mitigation counseling provision in the housing law doesn’t explain who’s is going to pay for counseling tied to VA and USDA loans.

The Mortgage Bankers Association said VA lenders currently have to rely on a patchwork of mortgage-related guidance scattered across circulars in addition to the Lenders Handbook.

The trade group said the planned relocation raises doubts about whether sufficient Rural Housing Service staff will stay on to implement the delegated underwriting authority pilot program.

VA fee hike stalls; AI underwriter adds USDA support; HUD to advance grant management system update; FHA spread holds flat.