Pressure continues to mount on the Department of Housing and Urban Development to announce a decision on cutting FHA mortgage insurance premiums.

Julia Gordon is on track to be confirmed after the Senate last week voted 51-50, with VP Harris casting the tiebreaker, to enable consideration of her nomination as FHA commissioner on the Senate floor.

FHA this week temporarily shut down its Loan Review System after users reported intermittent document errors over the past several weeks.

The plan highlights FHA activities aimed at maximizing homeownership for first-time homebuyers, among other actions.

Owners of nursing homes in FHA’s Section 232 program faced financial and operational challenges stemming from the pandemic.

Seeking to further advance the Biden’s administration housing agenda, the White House’s proposed budget allocation includes $11.6 billion more for HUD in fiscal year 2023.

FHA will ensure appraisers have clear guidance on their antidiscrimination obligations under current laws, improve the processes for homeowners to seek revaluation and expand data sharing among agencies, among other plans.

The mortgage industry is once again clamoring for FHA to cut its mortgage insurance premiums or to at least offer clarity on its plans to address its overcapitalized Mutual Mortgage Insurance Fund.

HUD will accept public feedback on the proposal through May 31.

Borrowers with FHA loans don’t always have enough flood insurance, according to a recent report by HUD’s Office of Inspector General.