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VA Calls for Six-Month Pause on Foreclosures

December 1, 2023
Monica Hogan
The Department of Veterans Affairs also extended its COVID-19 refund modification program through May 31.
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FHA Foreclosure Policy Faces Legal Uncertainty

December 1, 2023
Monica Hogan
An appeals court’s decision in Show Me State Premium Homes v. McDonnell has introduced uncertainty regarding the insurability of title following a nonjudicial foreclosure tied to an FHA-insured property.
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FHA Will Continue to Focus on IT Modernization

December 1, 2023
Monica Hogan
The goal, FHA said in a new report, is to improve the quality and efficiency of its data and allow its program offices to better collaborate.
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RHS Proposes Updates to Single-Family Programs

December 1, 2023
Monica Hogan
Among other things, the proposed revisions will better align RHS’s single-family direct and guaranteed loan and grant programs.
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New Online Marketplace Offering HELOCs, HECMs

December 1, 2023
Monica Hogan
Wellahead clients are referred by professionals including long-term care providers, financial advisors and estate attorneys.
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Around the Industry

December 1, 2023
Monica Hogan
HECM servicing policy updates finalized; FHA ups 2024 loan limits; Ginnie Mae announces optional early closing date for multiclass transactions; FHA seeks comment on payment supplement final disclosure statement model document; new collaboration to offer homes for sale under FHA’s Claims Without Conveyance of Title second chance program.
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MMIF Healthy; Lenders Call for End to Life-of-Loan Policy

November 17, 2023
Monica Hogan
With a healthy reading on FHA’s Mutual Mortgage Insurance Fund, lender trade groups want further changes to FHA’s mortgage insurance premium policy. (Includes data table.)
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Gordon Says She Needs More Time to Complete Mission

November 17, 2023
Monica Hogan
FHA Commissioner Julia Gordon said 2024 is all about execution.
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loanDepot Creates New Role to Oversee VA Lending

November 17, 2023
Monica Hogan
loanDepot has been building an in-house team of veterans who can provide loan officers with information related to the VA program.
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AAG Integration Slows FoA 3Q Earnings

November 17, 2023
Monica Hogan
Finance of America took another loss in the third quarter as the firm works to integrate American Advisors Group.
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