Borrowers can still qualify for a VA-guaranteed mortgage even if they have gaps in employment due to COVID-19. Lenders are encouraged to use "good judgement and flexibility" while verifying a borrowers income.

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.

The final rule aligns the VA partial claim program with initiatives implemented by the FHA and USDA. The rule goes into effect July 27.

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

In what may be an apples-to-orange comparison, it looks like the homeowners impacted by the COVID crisis were better off than those impacted during the Great Recession.

Gate House Strategies, which features former FHA Commissioner Brian Montgomery as one of its founding members, will focus on FHA/Ginnie Mae/HUD and Fannie Mae/Freddie Mac policy issues. The Collingwood Group V2?

If the proposed COVID-19 partial claim payment program is implemented, veterans who use it could see a substantial rise in their monthly payment, according to industry trade groups.

The American Rescue Plan provides $10 billion to help consumers catch up on mortgage payments or pay other housing-related costs. However, how the money is allocated will depend on states.

According to Black Knight, an uptick in forbearance requests has pushed the total number of borrowers in relief back above the 2.7 million mark.

A coalition of more than two dozen industry groups sent a letter to the VA urging the government insurer to make changes to its proposed partial claim payment program.