FHA

HUD denied claims that 40% of the administration's workforce will be cut.

Twenty-year mortgage terms and lower debt-to-income ratio would more responsibly support increased homeownership than many Biden-era initiatives says the co-director of the American Enterprise Institute's Housing Center.

The fiscal condition at the government agency is much healthier today than when the Department of Housing and Urban Development put the policy into effect back in 2013.

The Federal Housing Administration is giving servicers more leeway to automate borrower contact but it's also requiring them to reach further afield.

The development marks another step in eNote adoption at government housing agencies following an announcement allowing commingled Ginnie Mae securitized pools earlier this year.

A federal court ruled the plaintiff wants "sweeping reforms the court is powerless to give."

The Federal Housing Administration wants to allow part-time underwriters to guarantee loans in its FHA Title II forward and HECM programs.

Government lending leaders also addressed efforts to increase housing stock and affordability in a discussion at the Mortgage Bankers Association's annual conference.

The administration wants to implement a 36 hour window of time for companies to report a cyber incident to the agency.

The perpetrator faces up to 150 years in prison, with sentencing scheduled for December.

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.