Pressure continues to mount on the Department of Housing and Urban Development to announce a decision on cutting FHA mortgage insurance premiums.

The White House’s multi-pronged action plan designed to close the housing supply gap within the next five years includes a to-do list for FHA.

A recently introduced bill, the Improving Access to the VA Home Loan Act, would direct VA to update regulations on home appraisals.

USDA Under Secretary for Rural Development Xochitl Torres Small testified this week about the shortages of affordable multifamily rental units and single-family homes for sale in rural areas.

FHA is planning significant reductions to both the upfront and annual mortgage insurance premiums for most Section 232 program mortgages of green residential care facilities.

The slowing pace of delinquencies helped mitigate the impact of a reduction in new private mortgage insurance policies written as mortgage originations slowed.

Some 50% of active-duty servicemembers surveyed believe they can use a VA home loan only once.

A HUD policy update has “unintentionally eliminated” reimbursements to servicers for property preservation and protection expenses that occur before a foreclosure process begins.

The correspondent share of government-insured mortgage originations increased modestly in 2021. Meanwhile, the retail and broker channels both lost some market share. (Includes data chart.)

Borrowers with FHA loans don’t always have enough flood insurance, according to a recent report by HUD’s Office of Inspector General.