FHA

All lenders experiencing system breaches must report the incidents within 12 hours of detection, the administration announced.

The Federal Housing Administration also instituted a new language preference requirement that servicers must observe in transfers.

Federal Housing Administration-backed lending was the only mortgage type to grow in volume at the end of last year, but the pace of decline among originations overall also slowed.

The Federal Housing Administration removed housing finance firms from the list of permitted interested-party contributors in a new reverse-mortgage rule.

Retail lenders, including Beeline, Tomo Mortgage and Rocket Mortgage, settled with the department over infractions like submitting a false certification to not having the proper liquidity to be in the program.

Prevention through new building standards and mapping technology aim to keep home insurance rates down but mortgage bankers see challenges.

The Federal Housing Administration, the Department of Veterans Affairs and the Federal Housing Finance Agency have started gathering data and analyzing how climate risk will impact the housing ecosystem.

The new expiration for waivers, which is now set for a date after November, adds uncertainty about the fate of a proposed policy that would replace the temporary, pandemic-era servicing rules.

New guidelines regarding buy-side and sell-side real estate agent compensation are set to go into effect this summer.