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

Programs & Policies
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A Head Scratcher: HUD OIG Drops a Dime, DOJ Says No

January 13, 2023
Paul Muolo
A Ginnie SVP allegedly leaked information regarding an agency issuer to a private-sector firm, breaking the rules. A referral was made to the DOJ, but nothing ever came of it. Details? There aren’t many.
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FHA Issues Draft Policy on Appraisal Reviews Requests

January 13, 2023
Namrata Bhatia
The proposal outlines the process and documentation requirements related to a borrower’s request for a review of their appraisal results.
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Servicing Changes Top Regulatory Agendas at FHA, VA

January 13, 2023
Brandon Ivey
A proposal to streamline servicing and claim requirements for FHA mortgages is in the works, along with expanded loss-mitigation options for VA servicers. VA also plans to issue a final rule on cash-out refis.
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Around the Industry

January 13, 2023
Brandon Ivey
Outlook for Wells’ participation in FHA market unclear; Biden signs legislation to improve VA appraisals; MBA calls for higher fee on mortgage assumptions; VA revises forms; FHA hosting webinar on quality assurance; Rural Housing Service updates program guidelines.
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Low-Cash Nonbanks Less Likely to Aid COVID-Era Forbearance

October 28, 2022
Monica Hogan
Cash-strapped nonbank servicers were less likely than banks to help borrowers through pandemic-era mortgage relief, according to a new Federal Reserve report on the CARES Act forbearance program.
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FHA Opens RFI on Small Mortgage Loan Originations

October 14, 2022
Monica Hogan
FHA is seeking comments through Dec. 5 on its request for information on barriers to small mortgage lending.
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HUD Outlines Florida Disaster Assistance Programs

October 14, 2022
Monica Hogan
The Department of Housing and Urban Development has issued a 90-day moratorium on foreclosures of FHA mortgages, among other measures.
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FHA Adds Rental History to Underwriting of First-Time Homebuyers

September 30, 2022
Monica Hogan
Verified on-time monthly payments of $300 or more in the previous 12 months will be considered as positive rental payment history.
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MBA Urges White House Support for FHA MIP Cut

September 16, 2022
Monica Hogan
Four trade groups, including the Mortgage Bankers Association, are asking the White House’s National Economic Council to support a reduction in FHA mortgage insurance premiums.
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House Passes Bill to Improve Access to VA Home Loan Benefit

September 16, 2022
Monica Hogan
The House has passed a bill that would require VA to update the guidance and regulations of its home loan program, especially around appraisals.
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