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VA Preps for Annual Loan Guaranty Conference

April 21, 2023
Monica Hogan
The Department of Veterans Affairs’ first annual conference since 2019 will include panels for mortgage servicers and home appraisers in addition to lender-focused talks.
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FHA Gains Share of Rate-Lock Pipeline in March

April 21, 2023
Monica Hogan
Home sellers have become more receptive to FHA offers now that the market has started to cool, according to Black Knight Vice President Andy Walden.
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Fudge Defends Fiscal 2024 Budget Request for HUD

April 21, 2023
Monica Hogan
The White House has requested $73.3 billion for the Department of Housing and Urban Development in fiscal 2024.
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FHA Proposal Would Make ADU Rental Income Count

April 21, 2023
Monica Hogan
FHA is taking feedback through April 27 on a draft mortgagee letter proposing the use of rental income from accessory dwelling units to calculate borrowers’ eligibility for a home loan.
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Senate Banking Committee Hears from HUD Nominees Again

April 21, 2023
Monica Hogan
Lawmakers heard from Solomon Greene, who has been renominated to serve as assistant secretary for policy development and research, and David Uejio, who has been renominated for the position of assistant secretary for fair housing and equal opportunity at HUD.
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Around the Industry

April 21, 2023
Monica Hogan
Some federal agencies extend forbearance request deadlines; Guaranteed Rate ramps up reverse mortgage lending; Brewer, ME-based woman pleads guilty in VA home loan false statements case; Rural Housing Service sets timeline for 2023 housing preservation grant program.
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HUD IG Testifies Before Appropriations Subcommittee

April 7, 2023
Monica Hogan
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.
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USDA Needs More Resources to Improve Staffing, Tech

April 7, 2023
Monica Hogan
The USDA needs an influx of resources to boost staffing and improve information technology to meet the needs of its home loan programs.
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MBA, NCSHA Launch Online Tools for Housing Agency DPA

April 7, 2023
Monica Hogan
There are separate toolkits for conventional loans and those backed by the government housing agencies.
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Increase Downpayment Assistance for FHA Loans, Analysts Suggest

April 7, 2023
Monica Hogan
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.
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