FHA

The litigation involved more than 100 loans, many insured by the Federal Housing Administration, with volume totaling approximately $55 million.

The Congressional Budget Office acknowledged limitations in its research of expected flood damage data.

United Wholesale Mortgage has introduced a product dubbed Govy125, a 125 basis points incentive on any note rate for VA IRRRLS and non-credit qualifying FHA streamlines.

A package of 19 Federal Housing Administration servicing documents and forms has been translated into five languages for those with limited English proficiency.

The Massachusetts House passed a bill that would ease the process for property owners looking to build accessory-dwelling units.

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.

The quarterly rise in late payments on Federal Housing Administration loans was more than five times the increase for home loans overall.

There will still be local oversight. Incentives to maintain registered offices will include listing in an online lender search tool and access to certain data.

The correspondent loan buyer, which does business as Essex Mortgage, wants $700,000 in damages.

A proposed reduction in the amount of overall discretionary spending amounts would hamper both agencies' ability to fulfill their affordable-homeownership missions, the consortium of housing industry advocates said.

The outstanding amount that people ages 62 and up hold represented a nearly $15.4 billion gain in property value offset by a record $2.32 billion in borrowing.