HUD

Texas is receiving $58 million from the Community Development Block Grant disaster recovery program that HUD administers.

For the past eight years, Brian Montgomery has helped mortgage lenders fight penalties sought by the Federal Housing Administration. Now he's President Trump's nominee to lead the agency.

A larger-than-forecast decline in new-home construction reflected the weakest pace of building in the South since October 2015, showing the fallout from Hurricanes Harvey and Irma.

From debating the future compliance landscape to developing a digital mortgage strategy, here's a preview of the top issues, ideas and themes on tap when the industry convenes in Denver for the Mortgage Bankers Association's Annual Convention & Expo.

HUD Secretary Ben Carson said he's held off making any decision on premium cuts until the confirmation of key appointments. "It has been a real ordeal getting people in place," he said.

Lenders could be responsible for water quality issues affecting borrowers and properties if the Federal Housing Administration follows through with its response to an inspector general's report.

Multifamily housing bond issuance more than doubled in 2016 to $14 billion.

Reverse mortgage lenders are stretched thin to the point of having to turn borrowers away as seniors rush to get ahead of Home Equity Conversion Mortgage changes that will raise fees and lower loan limits.

Ginnie Mae will more closely examine liquidity at all issuers in response to complaints by the HUD inspector general that it would be vulnerable to defaults at nonbanks it does business with.