The Department of Housing and Urban Development pushed back the compliance date for updated energy standards to 2026 while it reviews industry feedback.
The Bank of Glen Burnie, a Maryland-based lender, expects to substantially grow its residential mortgage business through its recent acquisition of brokerage VA Wholesale Mortgage.
Rising usage of FHA partial claims raised flags for American Enterprise Institute Senior Fellow Tobias Peter amid an ongoing audit of FHA’s efficiency at tracking and collecting the claims.
CHLA called on Congress and federal agencies to work together to correct “budgetary anomalies” that cause certain lending programs to be frozen during shutdowns.
Lender Navy Federal Credit Union surveyed servicemembers and veterans, finding many aren’t aware of the main benefits of home loans backed by the Department of Veterans Affairs.
FHA Commissioner nominee Frank Cassidy and Ginnie Mae President nominee Joseph Gormley testified before a Senate committee this week, relying on stock language or otherwise sidestepping in their responses.
Developers planning to apply for FHA financing for multifamily units have to wait until Congress reaches an agreement to fund the government, prompting an application backlog.