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HECM Lenders Call for Changes to Upfront Premiums

December 12, 2025
Emmeline Willey
Industry groups recommended that FHA consider reverting the upfront mortgage insurance premiums on home equity conversion mortgages to the previous risk-based model.
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FHA Seeks Relief for Contractors With 203(k) Proposal

December 12, 2025
Emmeline Willey
FHA proposed tweaking its limited 203(k) rehabilitation loan program to reduce financial burdens on contractors.
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Gen Z Veterans Drive VA Purchase Lending Up

December 12, 2025
Emmeline Willey
Younger borrowers are behind much of the growth of VA purchase mortgages, according to an analysis by Veterans United.
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House Lawmakers Pick Up Effort to Raise Multifamily Loan Limits

December 12, 2025
Emmeline Willey
Two new bills in the House aim to modernize FHA multifamily loan limits by more than quadrupling the current caps.
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Around the Industry

December 12, 2025
Emmeline Willey
Progress on FHA, Ginnie nominee confirmations; USDA preps for delegated authority; FHA Connection MFA compliance extended; FHA expands HECM, HMBS comment period.
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Senate Banking Committee Advances FHA, Ginnie Nominees

November 26, 2025
Emmeline Willey
Joseph Gormley and Frank Cassidy, the individuals nominated to lead Ginnie Mae and FHA, respectively, maintained support for actions taken by the agencies this year in responses to the committee.
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Budget Bridge Made Technical Fixes to VA Partial Claims

November 26, 2025
Emmeline Willey
The continuing appropriations law included some edits to the partial claim loss-mitigation program under development for VA mortgages.
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USMI Floats Tightening FHA Capital Requirements

November 26, 2025
Emmeline Willey
The U.S. Mortgage Insurers argued the FHA Mutual Mortgage Insurance Fund is vulnerable to a severe economic downturn, and suggested it be held to the same standards as the government-sponsored enterprises.
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Rumblings of Moving RHS Just Noise for Now

November 26, 2025
Emmeline Willey
A lawmaker hinted recently that there’s consideration of moving the U.S. Department of Agriculture’s Rural Housing Service under the Department of Housing and Urban Development’s control, but any move appears to be at a conceptual stage.
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FHA Waives Disclosure Form Requirement

November 26, 2025
Emmeline Willey
FHA waived a policy that required lenders to provide notices to borrowers about various protections, a move the agency said would lighten some of the burden on lenders.
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