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HECM Lender’s Motion to Dismiss Fraud Case Rejected

July 2, 2021
Maria Volkova
The upshot: The DOJ can proceed with its lawsuit against Nutter Home Loans for faulty underwriting.
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FHA Announces Changes to COVID-Related Policies

July 2, 2021
Maria Volkova
Self-employment and rental income policies extended until Sept. 30.
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Biden Takes Aim at Home Appraisal Disparity

June 4, 2021
Maria Volkova
Commemorating the 100th anniversary of the Tulsa Race Massacre, the White House announced the creation of a task force led by the housing secretary to root out discrimination in the appraisal and homebuying process.
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VA Issues Final COVID-19 Partial Claim Program Rule

June 4, 2021
Maria Volkova
The final rule aligns the VA partial claim program with initiatives implemented by the FHA and USDA. The rule goes into effect July 27.
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USDA Allows Refinancing of Loans Post-Moratorium

June 4, 2021
Maria Volkova
The temporary measure allows borrowers to refinance Section 502 and 504 loans if they were, or are, in a COVID-19 forbearance moratorium.
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FHA Clarifies Eligibility for DACA Recipients

June 4, 2021
Maria Volkova
The government MI amended documentation requirements for borrowers with Deferred Action for Childhood Arrivals status.
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Mortgage Help Proposed for Teachers, First Responders

June 4, 2021
Maria Volkova
The bipartisan House bill seeks to give teachers and first responders access to an FHA mortgage without having to make a downpayment.
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Ginnie to Leverage AI for Automation of Manual Tasks

June 4, 2021
Maria Volkova
The government guarantor said AI will soon be embedded more deeply into Ginnie Mae’s processes.
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Senate Panel Sends Todman’s HUD Nomination to the Floor

June 4, 2021
Maria Volkova
No vote has been scheduled yet on her nomination.
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The Guessing Game Continues for FHA and Ginnie Posts

May 21, 2021
Paul Muolo
Ginnie Mae hasn’t had a “confirmed” president since early 2017. Is that about to change?
Read More
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