Amherst Exec Scales Back Expectations for FHA Premium Cuts January 26, 2022 Monica Hogan The MMIF’s capital reserves emerged from fiscal 2021 in better shape than some might have expected given the pandemic, Abrahams said.Read More
GAO Calls for Action on Housing Finance Reform January 20, 2022 Brandon Ivey The GAO noted the Biden administration halted coordinated administrative reform efforts established by the Trump administration.Read More
Better.com Chief Garg Ready to Return January 19, 2022 Paul Muolo Better.com hired a former federal prosecutor from the Southern District of New York to conduct the "culture" review...Read More
Nearly 450 MLOs Sanctioned for Continuing-Ed Fabrications January 19, 2022 Sam Manas Those settling will surrender their licenses...Read More
Mortgage-Related Complaints Filed With the CFPB Down in 4Q21 January 19, 2022 Andras Malatinszky However, the number of borrowers unhappy with the loan-modification process jumped 12.7%...Read More
FHFA Rejects GSEs’ DTS Plans, Wants Revisions January 18, 2022 Dennis Hollier Advocacy groups representing these underserved markets sharply criticized the plans, arguing the GSEs actually proposed reduced loan targets...Read More
FHFA Director-Nominee Thompson: No Administrative End for GSE Conservatorships January 14, 2022 Dennis Hollier Sen. Bill Hagerty, R-TN, also got in the mix, pointing out that the Housing and Economic Recovery Act doesn’t envision indefinite conservatorships...Read More
HUD Needs More Controls Over FHA Refunds, OIG Says January 14, 2022 Monica Hogan HUD calculates $384.7 million in refunds was unclaimed as of June 16, 2020.Read More
States Urge FHA to Ensure Implementation of COVID Relief January 12, 2022 Monica Hogan The AGs said servicers are still sending borrowers letters that fail to include the COVID-19 recovery modification as an option, while requiring unnecessary paperwork...Read More
Servicers Skittish on Moving Forward with Foreclosures January 11, 2022 Brandon Ivey With the CFPB watching closely, mortgage servicers are careful about how they approach foreclosures...Read More