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Lawmakers Reintroduce Bill to End FHA Life-of-Loan Policy

October 3, 2025
Emmeline Willey
The bill would stop FHA from collecting mortgage insurance premiums once a borrower’s loan-to-value ratio declines to 78%.
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Around the Industry

October 3, 2025
Emmeline Willey
LGY updates accepted reservist documentation; HUD reduces multifamily mortgage insurance premiums; USDA posts shutdown banner; USDA encourages multifamily projects to watch costs.
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FHA Chases Affordability Through Deregulation

September 19, 2025
Emmeline Willey
FHA plans to improve housing affordability by removing proverbial red tape, according to Matt Jones, FHA deputy assistant secretary for single-family housing.
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EPM Taking Steps to Get Its FHA Direct Endorsement Restored

September 19, 2025
Emmeline Willey
Equity Prime Mortgage said the delinquency ratios that triggered FHA to terminate its direct endorsement authority in some areas do not capture the financial pressure many borrowers are under.
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Servicers Prepare for FHA Waterfall Changes

September 19, 2025
Emmeline Willey
Mortgage servicers have been putting in the hours to prepare for FHA’s expedited rollout of its new loss-mitigation waterfall beginning next month.
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MISMO Seeks Comment on Government Servicing Dataset

September 19, 2025
Emmeline Willey
The Mortgage Industry Standards Maintenance Organization has a new data framework for servicers of government-backed loans.
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CHLA Supports Condo Certification Reciprocity

September 19, 2025
Emmeline Willey
The Community Home Lenders of America suggested that the Trump administration incorporate reciprocal approval for condo buildings between FHA and the GSEs if the administration declares a national housing emergency.
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Around the Industry

September 19, 2025
Emmeline Willey
EPM brings VA lending in-house; House continuing resolution edits VA partial claim program; FHA updates Section 232 rehabilitation language.
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FHA Definition Creates First Legal Deadline Problems

September 5, 2025
Emmeline Willey
A change to language guiding the application of partial payments to a delinquent FHA mortgage creates a conflict with the first legal deadline for servicers to begin foreclosure proceedings, said Donna Schmidt, managing director at DLS Servicing.
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HUD Seeks to Ease Chassis Requirement on Manufactured Homes

September 5, 2025
Emmeline Willey
The Department of Housing and Urban Development included a proposed rule in its spring regulatory agenda to restrict the steel chassis requirements for manufactured housing to the bottom floor of a multistory structure.
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