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Home » Topics » Inside FHA/VA Lending » Programs & Policies

Programs & Policies
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Around the Industry

March 18, 2022
Monica Hogan
FHA enhances e-submission of flood insurance data; USDA seeking deferral-assistance applications; HUD introduces new HECM client budget tool; NRMLA to host webinar on best practices; MISMO seeks comments on new MI activation API; FHA introduces Spanish language training.
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FHA Updates Servicers on HAF Program

March 4, 2022
Monica Hogan
FHA servicers must inform their borrowers of any relevant state Homeowners Assistance Fund programs if they’re reviewing a COVID-19-related loss mitigation.
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RHS Adopts Multifamily Rental Assistance Program

March 4, 2022
Monica Hogan
The Rural Housing Service finalized rules overseeing a rental assistance program, as well as a new fee structure, for its multi-family housing direct loans and grants programs.
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FHA Restores Pre-Pandemic Multifamily Loan Policies

February 18, 2022
Monica Hogan
FHA has removed the temporary underwriting mitigants for its multifamily loan program that were imposed early in the pandemic.
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USDA Mandates Use of Automated Underwriting Technology

February 18, 2022
Monica Hogan
Starting May 9, lenders in the Rural Housing Service’s single-family loan program must use designated technologies.
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Ginnie Publishes LIBOR Transition Reference Guide

February 18, 2022
Monica Hogan
Ginnie Mae and FHA continue to prepare for the impacts of a transition away from the London Interbank Offered Rate.
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FHA Housing Counseling Program Announces Grants

February 4, 2022
Monica Hogan
The Department of Housing and Urban Development will provide $51.4 million in grants to support FHA’s housing counseling program.
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MBA, NAR Raise Concerns Over VA Home Loan Fees

January 21, 2022
Monica Hogan
The House last week passed the Guard and Reserve GI Bill Parity Act, which would raise fees for VA home loans to help fund expanded educational assistance for servicemembers.
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Around the Industry

January 21, 2022
Monica Hogan
FHA Catalyst activates new mortgagee administrator role; VA increasing aggregate loan guarantee funding for specially adapted housing; Ginnie Mae to adopt blockchain technology; VA to hike fines for lenders that make false loan guarantee certifications.
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DOJ, CFPB Raise Red Flags for Servicers of VA Loans

January 7, 2022
Monica Hogan
The Consumer Financial Protection Bureau and the Department of Justice last month warned they will monitor VA loan servicers for signs of illegal foreclosures.
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