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FHA Adds New Loan-Mod Screening Requirement

July 16, 2021
Maria Volkova
FHA servicers are required to screen their portfolios by Aug. 24 for borrowers potentially eligible for the mod.
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Congress Posits $56.5B HUD Budget for Fiscal 2022

July 16, 2021
Maria Volkova
The Appropriations Committee is expected to vote today on HUD's FY 2022 budget.
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FHA Tech Finally Ditching Mainframes for the Cloud

July 16, 2021
Maria Volkova
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.
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Incoming FHA Commissioner Will Have to Deal with End of Forbearance

July 2, 2021
Maria Volkova

White House Picks Gordon as FHA Commissioner

July 2, 2021
Maria Volkova
President Biden has nominated Julia Gordon to be the next FHA commissioner. Also, the White House has picked CFPB Acting Director Dave Ueijo as assistant secretary for fair housing.
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Sellers Treat FHA Borrowers Less Favorably, Survey Finds

July 2, 2021
Maria Volkova
Survey respondents said only 13% of sellers would “definitely” be likely to accept an offer from a buyer using an FHA or VA loan, compared to 66% for conventional loans.
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FHA Clarifies Eligibility for DACA Recipients

June 4, 2021
Maria Volkova
The government MI amended documentation requirements for borrowers with Deferred Action for Childhood Arrivals status.
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The Guessing Game Continues for FHA and Ginnie Posts

May 21, 2021
Paul Muolo
Ginnie Mae hasn’t had a “confirmed” president since early 2017. Is that about to change?
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FHA Clarifies COVID-Related Loss-Mitigation Options

May 21, 2021
Maria Volkova
Lenders can begin reviewing borrowers for loss-mitigation options at any point prior to completion or expiration of their pandemic-related forbearance period.
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FHA/VA Delinquencies Remain Elevated in 1Q21

May 21, 2021
Maria Volkova
The seriously delinquent rate for FHA and VA loans declined by 47 basis points and 3 bps, respectively, during the first quarter, IFHA found.
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