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

Programs & Policies
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FHA Proposes 40-Year Loan Modification Option

April 1, 2022
Monica Hogan
HUD will accept public feedback on the proposal through May 31.
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Around the Industry

April 1, 2022
Monica Hogan
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.
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New Omnibus Spending Bill Increases HUD’s Budget

March 18, 2022
Monica Hogan
The Consolidated Appropriations Act of 2022 includes $53.7 billion for the Department of Housing and Urban Development.
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NAHREP Report Calls for FHA Policy Updates

March 18, 2022
Monica Hogan
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.
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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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