At a congressional hearing, industry stakeholders called for increased funding to boost technology and staffing at rural housing programs.

To date, Treasury has approved HAF plans from 176 tribes.

Industry stakeholders are calling for regulatory and legislative changes to support the FHA Title I manufactured housing program.

Ginnie details buyout authority for loans impacted by hurricanes; HUD seeks comments on inflation-adjusted civil penalty policy; VA extends recission date for COVID-related relief; CFPB issues RFI on refis; VA submits loss-mit rule to OMB; Senate approves stopgap spending bill.

Ginnie Mae is currently conducting one-on-one discussions to help issuers better understand the reasoning behind its new financial eligibility requirements that are set to take effect next year, the agency’s President Alanna McCargo said.

Four trade groups, including the Mortgage Bankers Association, are asking the White House’s National Economic Council to support a reduction in FHA mortgage insurance premiums.

The new policy only applies to FHA multifamily loans endorsed after the release of the Sept. 7 mortgagee letter.

The House has passed a bill that would require VA to update the guidance and regulations of its home loan program, especially around appraisals.

The Mortgage Bankers Association has recommended changes to FHA’s plans to modify the 203(k) Rehabilitation Mortgage Insurance Program.

The Department of Housing and Urban Development said it is exploring ways to boost greater access to mortgage credit for homebuyers seeking smaller mortgage loans.