Lenders and consumer advocates urged FHA to study the financial habits of users of buy-now-pay-later services before making policy changes to how the accounts are used in mortgage underwriting calculations.
Researchers at the think tank said changes need to be made to bring loss mitigation at the Department of Veterans Affairs in line with FHA servicing protocols.
John Bell stepped down as executive director of the Department of Veterans Affairs LGY office. He was replaced by a longtime VA employee, Patrick Zondervan.