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FHA/VA Servicers Urged to Pause HAF-Related Foreclosures

May 13, 2022
Monica Hogan
The government housing agencies have updated their frequently-asked-questions pages to assist servicers handling borrowers whose applications for relief under the Homeowner Assistance Fund are pending.
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Many Servicemembers Believe Myths Around VA Loans

May 13, 2022
Monica Hogan
Some 50% of active-duty servicemembers surveyed believe they can use a VA home loan only once.
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Ginnie Delinquencies Down, Servicing Balances Up Slightly in 1Q

April 29, 2022
Monica Hogan
FHA and VA delinquencies among Ginnie servicers continued to drop from their pandemic peaks during the first quarter of 2022. Three of the top five servicers increased their government-insured servicing portfolio. (Includes four data charts.)
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VA Enhances Loan Review Options

April 15, 2022
Monica Hogan
VA lenders can now upload the closing and loan application datasets for loans selected for VA full-file loan review.
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NAR, VA Join Hands to Boost Veterans Homeownership

March 18, 2022
Monica Hogan
Leslie Rouda Smith of the National Association of Realtors and John Bell of the Department of Veterans Affairs partnered on two training videos to increase awareness of the benefits of the VA home loan program.
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VA Lender: Cash-Out Refis on the Rise

March 4, 2022
Monica Hogan
Veterans still recovering from the financial impact of the pandemic are tapping into home equity, according to ClearPath Lending officials.
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Ohio SCRA Doesn’t Apply to Home Mortgages, County Court Rules

February 4, 2022
Monica Hogan
A common pleas court has ruled that Ohio’s Servicemembers Civil Relief Act does not protect active servicemembers from home loan interest rates above 6%, according to attorneys representing the defendant.
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VA Seeks New Tech for Specially Adapted Housing

February 4, 2022
Monica Hogan
Through its Loan Guaranty Service, the Veterans Benefits Administration is making fiscal 2022 funding grants available to encourage the development of new assistive technologies for adapted housing.
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Senate Banking Committee Ties on Gordon’s Nomination, Again

January 21, 2022
Monica Hogan
Julia Gordon, President Biden’s nominee for FHA commissioner, received a tie vote this week in the Senate Banking Committee. She was renominated for the position earlier this month.
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DOJ, CFPB Raise Red Flags for Servicers of VA Loans

January 7, 2022
Monica Hogan
The Consumer Financial Protection Bureau and the Department of Justice last month warned they will monitor VA loan servicers for signs of illegal foreclosures.
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