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Around the Industry

July 8, 2022
Monica Hogan
FHA commissioner starts blog; HUD CFO sworn in; FHA plans competitive sale of vacant-home loans; FHA updates single-family policy handbook; HUD plans counseling conference; Ginnie posts roundtable video; HUD extends nomination deadline for tribal advisory committee; Congressional subcommittee considers 2023 appropriations; VA clarifies underwriting for hemp-related income.
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Federal Housing Agencies Discuss Marketing Challenges

June 10, 2022
Monica Hogan
Officials from FHA, VA and USDA’s Rural Housing Service recently discussed how to help borrowers through the challenges of today’s volatile housing market.
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UWM Thrives as Market Shifts from Refi to Purchase

June 10, 2022
Monica Hogan
UWM’s “Government Elite” program offers pricing advantages on FHA and VA loans for borrowers that meet minimum credit scores.
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HUD Expands Access to Counseling with Tech

June 10, 2022
Monica Hogan
HUD said its newly implemented technology upgrades will help homeowners and buyers more quickly locate housing counseling agencies.
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Industry Weighs in on FHA 40-Year Loan-Mod Proposal

June 10, 2022
Monica Hogan
The Mortgage Bankers Association said its members support the 40-year loan term as an additional loss-mitigation option, and not the only option.
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Gordon Touts FHA’s Resources

June 10, 2022
Monica Hogan
HUD could bring resources to bear on the affordable housing supply challenge by conducting research, collecting data and looking to successes of the past, FHA Commissioner Julia Gordon said.
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USDA RHS Honors Top Single-Family Lenders

June 10, 2022
Monica Hogan
Fairway Independent Mortgage, Movement Mortgage and Caliber Home Mortgage were the top three lenders in USDA’s Rural Housing Service single-family housing guaranteed loan program.
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Around the Industry

June 10, 2022
Monica Hogan
Chair of the House Committee on Financial Services pledges support for housing-related funding; FHA plans webinar on manufactured housing; Ginnie Mae to hold training sessions for issuers; VA to award grants providing legal services to veterans at risk of homelessness; MISMO seeks comments on life-of-loan process model; USDA updates income limits for home loan program.
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FHA Official Hints at Pending MIP Cut Decision

May 27, 2022
Monica Hogan
Pressure continues to mount on the Department of Housing and Urban Development to announce a decision on cutting FHA mortgage insurance premiums.
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Government Housing Agencies Eye Tech Modernization

May 27, 2022
Monica Hogan
The government home loan programs from FHA, VA and USDA still have work to do in their efforts to upgrade mortgage technology.
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