FHA Adds 40-Year Loan Option for COVID-19 Recovery April 19, 2022 Monica Hogan Earlier this month, FHA issued proposed rule-making for a permanent 40-year loan option and is taking comments through May 31.Read More
Home Lenders Face Licensing Uncertainty as Pandemic Flexibilities Expire April 18, 2022 Brandon Ivey One MBA official said currently only 15 states allow for remote work permanently...Read More
Shut for Repairs: FHA's Loan Review System April 18, 2022 Monica Hogan FHA estimates access to the LRS will be restored by April 25...Read More
Lenders Far and Wide Slam 'Junk Fees' Rule April 15, 2022 Sam Manas MBA believes the proposal would "only serve to add complexity and cost to lender operations and confuse consumers"...Read More
California Nonbank CRA Bill Scaled Back (For Now) April 12, 2022 MBA said the action to “remove the most detrimental aspects of the bill” was in response to an advocacy campaign...Read More
Getting Into Conservatorship? Easy. Getting Out? Hard April 11, 2022 Dennis Hollier The most obvious is a series of complex conversations that must take place between FHFA and Treasury...Read More
Lenders Urged to Keep an Eye on LO Usage of Social Media April 8, 2022 Monica Hogan Monitoring compliance is crucial for originators to avoid violating consumer protection rules...Read More
Can the GSEs Help with the Housing Supply Shortage? FHFA Thinks So April 7, 2022 Dennis Hollier FHFA regulator Sandra Thompson: “We’re trying to figure out ways that we can be helpful.”Read More
A 60-Day Suspension for Certain GSE Foreclosures April 7, 2022 Dennis Hollier Still, many states have not rolled out effective HAF programs...Read More
Senate Maneuver Clears the Way for Final Vote on Gordon for FHA Commish April 6, 2022 Monica Hogan Gordon was president of the National Community Stabilization Trust and a member of the Biden-Harris transition team.Read More
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