FHA, VA and USDA easing access to mortgage credit for borrowers with medical debt; Ginnie Mae appoints two new executives; FHA to hold vacant property sale exclusively for nonprofits and local and state government agencies.
The mortgage industry is once again clamoring for FHA to cut its mortgage insurance premiums or to at least offer clarity on its plans to address its overcapitalized Mutual Mortgage Insurance Fund.
FHA issues clarification on reimbursement claims; MISMO seeks comments on a new dataset to support a VA certificate of eligibility form; HUD Office of Native American Programs to host virtual summit; HUD seeks nominations for Tribal Intergovernmental Advisory Committee.
FHA loans can make homebuyers less competitive in a tight housing market, according to a report from the National Association of Hispanic Real Estate Professionals.