Trade groups are urging HUD to revise policies related to distressed asset sales as the FHA moves to make its Loan Sale Program permanent.

Despite FHA’s efforts to improve processes, the GAO said it still takes unnecessarily long for servicers to transfer foreclosed properties.

A U.S. bankruptcy court in Delaware has appointed a trustee to take charge of the involuntary liquidation of Live Well Financial.

VA has directed lenders not to advise veterans to close a loan without first verifying their exemption from paying the VA funding fee.

A federal judge agreed to delay guidance that threatens to restrict Native American housing lenders from offering downpayment assistance.

Congress withdrew a provision in the Blue Water Navy Vietnam Veterans Act that would have raised the guarantee fee on VA home loans. Instead, it approved the removal of the cap on VA mortgages.

The firm is set to issue a $187.1 million MBS backed by inactive HECMs and real estate-owned properties.

The agency has lifted a suspension of loanDepot from its multi-issuer securities program, noting the nonbank’s prepayment speeds on VA loans have normalized and are strictly being monitored.