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Home » Topics » Inside FHA/VA Lending » USDA

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HUD Allows HECM Lenders Leeway in Filing Documents

April 17, 2020
Maria Volkova
HUD has approved alternative documentation for claim payments as well as extending deadlines for delivery.
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Top-Ranked FHA Lenders Increase Hiring

April 17, 2020
Maria Volkova
A handful of top-ranked FHA lenders have ramped up their hiring in anticipation of processing a boatload of forbearance requests.
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Around the Industry

April 17, 2020
Maria Volkova
Greystone to provide $25 million in HUD-insured construction financing for a multifamily project; the COVID-19 outbreak has spurred technological innovation at FHA; A new hire for Down Payment Resource.
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FHA/VA Lenders Raise Credit Score Requirements

April 3, 2020
Maria Volkova
In the wake of the pandemic, FHA and VA lenders are raising credit score minimums, at least temporarily. Some are in mid-600s.
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USDA Policy Tweak Puts MF Rehab Loans in Jeopardy

February 21, 2020
George Brooks
Thousands of rural multifamily rehabilitation loans have become ineligible for a Ginnie guarantee due to USDA’s reformed interpretation of its subordinate-lien policy.
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Around the Industry

January 24, 2020
George Brooks

USDA Seeks to Improve Direct Home Loan Program

December 6, 2019
George Brooks

Proposed changes to the Section 502 Direct Home Loan and Grant Program would improve flexibility and make the DHLGP accessible to more low- and very-low-income rural borrowers.


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USDA Issuance Surge in 3Q19, Servicing Slightly Up

November 22, 2019
George Brooks
USDA lenders ramped up production in the third quarter of 2019 with a strong boost from purchase originations. More than 50% of total USDA originations were from correspondents. USDA servicing volume was up slightly from a year ago.
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Around the Industry

October 25, 2019
New York state agencies against HUD’s proposal on disparate impact rule; USDA warns customers of fraudulent calls; FHA provides training material for implementation of FHA-insured condo financing rules.
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Bigger Role Seen for Ginnie in Housing Finance

September 13, 2019
George Brooks
The Treasury has recommended Congress empower Ginnie Mae to provide “last position” guarantee on MBS backed by conventional home loans and au-thority to adjust its guarantee fee.
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