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Around the Industry

July 11, 2025
Emmeline Willey
FHA delays multifactor authentication compliance; FHA speeds up refis for residential care facilities; HUD announces more rescissions to anti-bias appraisal policies.
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Servicers Losing Money Under HUD CWCOT Practice

June 27, 2025
Emmeline Willey
Servicers may be required to overspend in auctions under HUD’s claims without conveyance of title program, according to the Mortgage Bankers Association.
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HUD Director Promises More Deregulation

June 27, 2025
Emmeline Willey
HUD Secretary Scott Turner promised continued deregulatory efforts at the agency.
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RHS Considers Contracting Direct Loan Servicer

June 27, 2025
Emmeline Willey
The Rural Housing Service expressed interest in contracting out the servicing of its direct loan portfolio.
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HUD Floats Leveling of FHA Multifamily Premiums

June 27, 2025
Emmeline Willey
HUD plans to level upfront and annual mortgage insurance premiums across FHA multifamily programs.
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FHA Rolls Out Aid for 2025 Storms Amid Uncertainty

June 27, 2025
Emmeline Willey
HUD has imposed foreclosure moratoriums for FHA-backed mortgages on homes in disaster-impacted areas across several states. Meanwhile, there are lingering questions about the impact of increasingly frequent disasters on FHA’s Mutual Mortgage Insurance Fund.
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Around the Industry

June 27, 2025
Emmeline Willey
HUD to shift headquarters; FHA lending update; VA launches improved help desk; FHA looks into BNPL; organizations sue HUD over Fair Housing Act grants.
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FHA Budget Would Grow Under Trump Proposal

June 13, 2025
Emmeline Willey
Appropriations to the FHA for administrative expenses would increase by $10 million over fiscal year 2025 funding levels under the Trump administration’s discretionary budget proposal.
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FHA Changes Engagement Rules for Servicers

June 13, 2025
Emmeline Willey
FHA revised policies governing how servicers must engage with delinquent borrowers for loss-mitigation discussions. FHA said the changes will help servicers save on costs.
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VA Partial Claims Bill Makes Some Progress in Senate

June 13, 2025
Emmeline Willey
A second bill that would authorize the Department of Veterans Affairs to establish a partial claim program has joined a similar House-approved measure in the Senate Veterans Affairs committee’s pipeline.
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