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.
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.
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.
Lenders can begin reviewing borrowers for loss-mitigation options at any point prior to completion or expiration of their pandemic-related forbearance period.