Biden Administration Extends Foreclosure and Eviction Moratoriums January 29, 2021 Maria Volkova The ban on evictions and foreclosures has been extended through March 31.Read More
Around the Industry December 23, 2020 FHA revises URLA form; MI premium tax deduction extended; CFPB warns about HECM scams.Read More
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.Read More
Overall, Forbearance is Flat Except in Ginnies December 11, 2020 Paul Muolo High unemployment readings are fueling an increase in Ginnie forbearance. Trouble ahead?Read More
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.Read More
New FHA/VA Loan Limits Coming Soon November 25, 2020 Dennis Hollier New FHA and VA loan limits for 2021 will be released on Dec. 2. Read More
FHA Proposes Private Flood Insurance for SF Mortgages November 13, 2020 Maria Volkova The proposed rule would allow homeowners in special flood hazard areas to comparison shop for loss coverage.Read More
Will ‘Dreamers’ Qualify for FHA Loans Under Biden? November 13, 2020 Maria Volkova Under the Trump administration, many lenders received letters from HUD stipulating that DACA recipients are not eligible for FHA loans.Read More
Climate Change Looms Over Government-Insured Servicing November 13, 2020 Maria Volkova Natural disasters will continue to pose a heightened risk for servicers of Ginnie Mae loans, Mayer Brown said in a report.Read More
Still There but Not in Use Very Much: Ginnie PTAP October 30, 2020 Paul Muolo If needed, the Ginnie PTAP liquidity program is there, but very few issuers are using it. A good sign? Read More
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