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MBA Urges Caution on FHA, USDA Energy Requirements

August 11, 2023
Monica Hogan
The Mortgage Bankers Association wants the Departments of Agriculture and Housing and Urban Development to consider the cost implications of their proposal on new energy standards for the construction of multifamily properties.
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FoA Reports Growing Pains From AAG Integration

August 11, 2023
Monica Hogan
Finance of America took a hit in the second quarter from the cost of integrating the operations of AAG into its business.
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VA Updates COVID-19 Loss-Mitigation Waterfall

August 11, 2023
Monica Hogan
VA stopped accepting new applications for its temporary COVID-19 partial claim payment program last October. A new circular updates the servicer waterfall to reflect current home retention options.
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Appraisal Bias Key to NAREB, HUD Partnership

August 11, 2023
Monica Hogan
The Department of Housing and Urban Development and the National Association of Real Estate Brokers are partnering to help address appraisal bias through professional training and consumer education.
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Around the Industry

August 11, 2023
Monica Hogan
The delinquency rates on FHA and VA loans decline; USDA revises areas that no longer qualify as “rural” under its single-family housing program; FHA has released updates to its single-family housing policy handbook.
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Around the Industry

July 28, 2023
Monica Hogan
NFHA submits comments on HUD’s proposed rule on protections for persons with disabilities; HUD’s Office of Housing Counseling to host virtual community conference.
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FHLB Dallas Expands HAVEN Grants to Vets

July 28, 2023
Monica Hogan
Recipients of the Housing Assistance for Veterans grants can use the funds for downpayments or closing costs to help purchase a first home, the Federal Home Loan Bank of Dallas said.
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USDA Launches Two Tribal Housing Pilots

July 28, 2023
Monica Hogan
The pilot programs involve allowing desktop appraisals and financing for renovations.
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Senate Advances Tribal Trust Land Homeownership Act

July 28, 2023
Monica Hogan
The new bill would reduce or eliminate processing delays, thereby encouraging more lenders to participate in trust land mortgage lending, according to the Mortgage Bankers Association.
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Senate, House Committees Draft HUD Appropriations Bills

July 28, 2023
Monica Hogan
There’s growing concern that time is growing short to reach a bipartisan, bicameral consensus on HUD spending.
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