The Department of Housing and Urban Development will require lenders to use a Supplemental Consumer Information Form for all FHA Title II single-family home mortgages they originate beginning in August.

Insurance in force has been the main driver of earnings growth for private mortgage insurers.

Under FHA’s proposal, participating servicers would receive $1,000 in compensation, but the Urban Institute said that personnel costs would often be higher than that.

Flagstar Bank met FHA’s face-to-face requirement when it left a door hanger at the home of a borrower prior to foreclosing on the property, a state Supreme Court ruled.

The Mortgage Bankers Association proposed some revisions of its own in response to an FHA proposal to change home equity conversion mortgage disbursements and defaults.

While the rules don’t apply to single-family homes, the agency has programs to help seniors and others improve their residences and make them safer.

FHA raises large multifamily loan limits; VA moves regional loan center email systems; USDA issues standardized multifamily appraisal assignment guidance; HUD opens independent Office of Manufactured Housing Programs; USDA sets new interest rates for single-family direct home loan programs; and more.

Financial institutions must take a closer look at their enterprise risk management strategies, especially in the wake of recent events in the banking industry, a Ginnie Mae risk analyst warns.

New Jersey and Louisiana senators are spearheading a new flood insurance reauthorization with a five-year life and premium caps.

A household would need an annual income of $117,000 to afford a median-priced home, 20% more than a year earlier.