Speakers at the AEI Housing Center’s annual conference said the biggest negative of first-time homebuyer assistance policy is pushing borrowers to buy before they’re ready.

Among the proposed revisions, FHA would reduce the requirement for rental income history from boarders from two years to 12 months.

Trump nominates Doug Collins as VA secretary; VA proposes revisions to loan loss reporting requirements; USDA to update technical handbook; HUD extends compliance deadline for rule on modernizing engagement with borrowers in default.

The trade group called on the agency to move forward with its plan to allow loan-level options for MSR transfers.

With the latest MMIF audit showing a strong capital reserve ratio, the FHA commissioner said it’s probably time to take action on pricing.

Industry watchers expect the fiscal year 2025 budget appropriation bill to get kicked further down the road through another continuing resolution.

FHA Commissioner Julia Gordon suggested any cut in the mortgage insurance premium would likely wait for the next administration.

The CHLA once again is calling on FHA to eliminate its life-of-loan premium requirements.

During the first Trump administration, there was no confirmed Ginnie Mae president.

The mortgage finance and housing communities are hopeful of strong housing affordability policies from a second Trump term, but expect the approach to differ from efforts under the Biden administration.