President Trump has signed into law the VA “orphan” bill to remove conflicting requirements that caused many VA refis to remain ineligible for delivery into Ginnie Mae pools.
Independent mortgage bankers have asked FHA to remove delinquent natural disaster loans in forbearance from the Neighborhood Watch database to ease investor concern over FHA lender performance.
Legislation has been introduced in the House and Senate to help prevent FHA foreclosures by increasing oversight of mortgage servicers to ensure they are complying with loss-mitigation requirements.