HUD

Former leaders from several housing agencies have joined together to launch Gate House Strategies, LLC, a mortgage compliance and affordable housing advisory venture.

For more details, read on.

Read on »

Secretary of the U.S. Department of Housing and Urban Development Marcia Fudge said the agency had no “near-term” plans to change the Federal Housing Administration mortgage insurance premium pricing.

For more details, read on.

Read on »

Prior to her confirmation hearing for the position of Secretary of the Department of Housing and Urban Development, the Mortgage Bankers Association wrote a letter to the Senate committee on banking, housing, and urban affairs supporting Marcia Fudge.

Read on for more details.

Read on »

The U.S. Department of Housing and Urban Development awarded over $34 million to three public housing agencies through its Capital Fund Emergency/Disaster and Safety and Security Program.

Read on for more details.

Read on »

The U.S. Department of Housing and Urban Development (HUD) is awarding $46 million in rental assistance and housing vouchers to help veterans who are at risk for homelessness.

“Ending veteran homelessness has been a top priority for the Trump Administration since day one,” HUD Secretary Ben Carson said.

For more on the award, read on.

Read on »

A recent review by the Department of Housing and Urban Development (HUD), Office of Inspector General (OIG) of the largest Section 184 Indian Home Loan Guarantee lender found that the lender did not always follow program requirements.

HUD OIG made three recommendations in light of the findings of the investigation.

Read on for more details from the report.

Read on »

The federal housing agencies announced that they would extend moratoriums on foreclosures and evictions through at least the end of 2020.

Fannie Mae, Freddie Mac and the Federal Housing Administration announced that all loans which are backed or guaranteed by their agencies would extend the moratoriums, which were scheduled to expire Aug. 31.

Read on for more details from their announcements.

Read on »

It has been more than 18 months since the Department of Housing and Urban Development (HUD) had Senate-confirmed leads in its top three positions, but that finally is the case, as the Senate easily confirmed Dana Wade as the Federal Housing Administration commissioner.

She joined HUD Secretary Ben Carson and Deputy Secretary Brian Montgomery atop the agency’s leadership.

Read on for more details and for reaction from HUD and the industry.

Read on »

Six weeks after a Ginnie Mae executive said the agency was “just around the corner” from beginning to accept eNotes in its securitizations, Ginnie Mae Principal Executive Vice President Seth Appleton said the program had launched.

As part of the initial phase, issuers may apply to participate as eIssuers and begin securitizing government-backed mortgages comprised of digital collateral with Ginnie Mae approval.

Read on for details of the new capabilities.

Read on »

The Financial Stability Oversight Council met earlier this month in executive session by telephone.

The highlight news coming from the meeting was the announcement that the council would begin an activities-based review of secondary mortgage market activities.

Read on for more details, and reaction from Federal Housing Finance Agency Director Mark Calabria.

Read on »