Late on Jan. 27, the Trump administration ordered a pause for federal loan and grant activity, but the vague wording of the order prompted uncertainty for the mortgage market.

FHA servicing volume increased by 2.5% on a quarterly basis, hitting $1.39 trillion at the end of the fourth quarter of 2024.

The GSEs didn't provide a revised timeline for implementing bi-merge credit score policies.

A coalition of 23 housing groups offered an enthusiastic endorsement of Scott Turner as secretary of the Department of Housing and Urban Development.

HUD alleged PHH charged convenience fees in violation of FHA requirements.

The CFPB suggested that First Street Foundation does a better job of identifying flood risk than the Federal Emergency Management Agency.

The nomination hearing for Scott Turner to lead HUD is scheduled for Jan. 16.

The agency had never published its method of identifying servicing defects before.

FHA is considering reimbursing servicers for tax and insurance advances earlier in the default process.

The final rule will implement without changes a proposed rule issued in July 2024.