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House Subcommittee Hears Tips for VA Home Loan Program

December 17, 2021
Monica Hogan
Industry stakeholders want mortgage lenders, real estate agents and Congress to work with the Department of Veterans Affairs to enhance the VA home loan program.
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Around the Industry

December 17, 2021
Monica Hogan
Vacant loan sale held by HUD; FHA extends comment deadline on servicing defect taxonomy; VA policy agenda includes plans to finalize a rule for cash-out refis; VA informs on certain appraisal policies; Ginnie Mae reminds issuers to complete renewals or certifications for master agreements; Ginnie revises definition of high-balance loan limits.
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House’s Build Back Better Bill Keeps Home Loan Programs

December 3, 2021
Monica Hogan
The latest version of the Biden administration’s Build Back Better agenda retained several key programs intended to support homeownership.
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Senate Judiciary Passes False Claims Act Amendment

November 5, 2021
Monica Hogan
The mortgage industry is applauding the passage of a False Claims Act amendment that would address language in a previous version that could have led to unintended consequences for FHA and VA lenders.
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Around the Industry

October 22, 2021
Monica Hogan
FHA/VA loans in COVID-19-related forbearance continue to drop; VA updates eligibility rules on specially adapted housing grants; HUD plans a fair housing event; Ginnie non-agency early buyout securitization planned; VA to host advisory committee meeting on homeless veterans.
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VA and Ginnie Embrace Tech Modernization, MISMO Standards

October 8, 2021
Monica Hogan
Officials from VA and Ginnie Mae detail plans to modernize technology systems to better serve borrowers, investors and regulators.
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Around the Industry

October 8, 2021
Monica Hogan
HUD releases climate adoption and resilience plan; FHA seeks feedback on HECM-related changes to its single-family housing policy handbook; HUD awards loan servicing contract; FHA is hiring.
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House Subcommittee Pulls Bill to Remove VA Loan Limit

September 24, 2021
Monica Hogan
The House Committee on Veterans’ Affairs removed from a hearing agenda a draft bill that would have allowed veterans two concurrent uses of a VA guarantee entitlement.
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House Committee Marks Up Infrastructure Bill

September 24, 2021
Monica Hogan
The House Committee on Financial Services last week marked up legislation that would devote $322 billion in funding to affordable housing, including for a pilot program to expand small-dollar lending options for homes that cost up to $100,000.
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FHA, VA, Ginnie Officials Look Forward

September 24, 2021
Monica Hogan
During a recent conference, officials from government agencies spoke about their responses to the COVID-19 pandemic and the top challenges facing them next year.
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