FHA has published new implementation requirements for condominium units secured by Home Equity Conversion Mortgage loans. The guidance also ap-plies to condo units that qualify for HECM spot-financing.

The bank has shed all securities it acquired as collateral for its $70 million warehouse credit line to now-defunct Live Well Financial.

The Appropriations Committee has asked HUD to analyze the role outside contractors play in carrying out Ginnie’s mission-critical functions.

The House of Representatives last week passed a number of mortgage-related bills. But the question remains: will they pass the Senate?

The House is expected to approve many bills in the next few months, including housing and mortgage-related bills, but only a few will make it to the Senate floor.

The flood bill, introduced by committee Chairwoman Maxine Waters, D-CA, following extensive negotiations with Ranking Member Patrick McHenry, R-NC, aims to provide certainty to the market…

Lenders have suggested Ginnie Mae shouldn’t use its stress test framework as the sole basis to take regulatory action against nonbank issuers.

The department has recommended allowing FHA to unwind insurance poli-cies to shield itself from counterparty risk.

With the National Flood Insurance Program scheduled to lapse at the end of the month, Realtors are urging House lawmakers to consider legislation to reauthorize the program through September 2024.

The lifting of the sanctions comes amid a recent report by Bloomberg that New Day Chairman Emeritus Joe Murin might be a candidate to be the next permanent president of the government guarantor.