FHA should offer borrowers a flexible loan-modification option that would use a portion of a servicer’s partial claim amount to reduce a borrower’s monthly payment, dollar for dollar, according to analysts at UI.

FHA servicers are required to screen their portfolios by Aug. 24 for borrowers potentially eligible for the mod.

The Appropriations Committee is expected to vote today on HUD's FY 2022 budget.

Plagued with years of failed technology modernization initiatives, HUD is turning things around with an IT modernization roadmap deemed a success thus far by HUD's Inspector General.

Self-employment and rental income policies extended until Sept. 30.

The bipartisan House bill seeks to give teachers and first responders access to an FHA mortgage without having to make a downpayment.

The share of residential mortgages in forbearance decreased for the ninth straight week to 4.47%. Overall, 2.23 million homeowners remain in forbearance, according to the Mortgage Bankers Association.

The new HUD secretary said real estate agents also are complicit in creating the homeownership gap by undervaluing properties and not providing buyers the relevant information.

The return of the Obama-era rule would acknowledge that there is no room for discrimination in housing.

According to Black Knight, 435,000 loans in COVID-19 forbearance will expire in May and a whopping 890,000 in June.