FHA lenders have until Dec. 31 to comply with new changes to financial requirements for mortgagee eligibility.

The House Committee on Veterans’ Affairs removed from a hearing agenda a draft bill that would have allowed veterans two concurrent uses of a VA guarantee entitlement.

The House Committee on Financial Services last week marked up legislation that would devote $322 billion in funding to affordable housing, including for a pilot program to expand small-dollar lending options for homes that cost up to $100,000.

The mortgage industry wants HUD to reconsider its proposal to recodify the 2013 disparate-impact theory as it predates and is inconsistent with binding Supreme Court precedent.

Industry backs a change that would eliminate requirements that lenders conduct background checks on builder-contractors working with borrowers in the RHS Single-Family Housing Guaranteed Loan Program.

The House will consider funding for new FHA programs as part of a “soft” infrastructure budget reconciliation bill backed by Democrats.

The industry has mixed views on the new capital proposals from Ginnie Mae. But one thing is clear: The standards only apply to nonbanks.

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

If the Obama-era rule is reinstated, a six-year-old lawsuit filed by the National Association of Mutual Insurance Companies could be revived.

The upshot: The DOJ can proceed with its lawsuit against Nutter Home Loans for faulty underwriting.