A small percentage of customers who will be unable to resume mortgage payments after forbearance will be those who were already delinquent pre-pandemic.

Flagstar Bank has made a final payment of $70 million to the DOJ to settle allegations of faulty underwriting on FHA loans from 2012.

Marcia Fudge invites political controversy during her first White House briefing as HUD secretary.

The number of active plans in forbearance declined by 135,000 over the last month, according to Black Knight.

A downpayment assistance bill, which is still just a “discussion draft,” has the potential to provide $20,000 to first-generation homebuyers.

Equity in their homes isn’t enough to prevent many borrowers from losing their house to foreclosure, according to the CRL.

Reverse mortgage production declined 8.1% in the fourth quarter. However, endorsements spiked 54.5% year over year. (Includes two data charts.)

A test file of the enhanced disclosure will be made available to investors in mid-April 2021.

Brian Montgomery, former HUD deputy secretary, urged the Biden administration to focus on issues such as forbearance. A pandemic is not the time for “heavy-handed enforcement,” he said.

Two bills introduced in the House this week have the potential of increasing a homebuyer’s access to an FHA-insured mortgage.