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Programs & Policies
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Secretary Fudge Wants $100 Billion More for HUD

March 26, 2021
Maria Volkova
Marcia Fudge invites political controversy during her first White House briefing as HUD secretary.
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House Discusses Assistance for First-Generation Homebuyers

March 26, 2021
Maria Volkova
A downpayment assistance bill, which is still just a “discussion draft,” has the potential to provide $20,000 to first-generation homebuyers.
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CRL Seeks Equitable Distribution of $10B Homeowner Fund

March 26, 2021
Maria Volkova
Equity in their homes isn’t enough to prevent many borrowers from losing their house to foreclosure, according to the CRL.
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FHA Extends Forbearance, Eviction Moratoriums Again

February 26, 2021
Maria Volkova
The new timeline moves the moratorium’s expiration deadline, as well as the timeframe for a borrower to request an initial COVID-19 forbearance by three months to June 30.
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Private MIs Warn Against Cutting FHA Premiums

February 12, 2021
Maria Volkova
Susquehanna International Group dismissed the private MI industry’s concerns over a potential FHA cut as “unwarranted” and not aligned “with the underlying math.”
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Biden Administration Extends Foreclosure and Eviction Moratoriums

January 29, 2021
Maria Volkova
The ban on evictions and foreclosures has been extended through March 31.
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Around the Industry

December 23, 2020
FHA revises URLA form; MI premium tax deduction extended; CFPB warns about HECM scams.
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The HUD Job is Settled. Next Up: Chiefs of FHA and Ginnie

December 11, 2020
Paul Muolo
The incoming Biden administration has picked a HUD secretary, legislator Marcia Fudge. Next up: the FHA and Ginnie Mae jobs.
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Overall, Forbearance is Flat Except in Ginnies

December 11, 2020
Paul Muolo
High unemployment readings are fueling an increase in Ginnie forbearance. Trouble ahead?
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FHA Chief’s Criticism on Loan Limits No Big Deal?

December 11, 2020
Paul Muolo
Was FHA chief Dana Wade out of line on her criticism of the high-cost loan limit? Not really but it was (sort of) rare.
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