FHA

The shutdown's impact on financial services

01/13/19

Many federal agencies have been closed for more than three weeks, making it the longest shutdown in U.S. history. With no end in sight, here's how it's affecting banks, credit unions and mortgage lenders.

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Banks are feeling effects of shutdown: ABA

01/11/19

The American Bankers Association has called for an end to the government shutdown, saying it has prevented customers from securing loans and threatens even more damage.

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Waters: A million-plus could lose homes because of HUD shutdown

01/11/19

A lapse in rental-assistance funding, an understaffed FHA and other effects of the government shutdown are causing real harm to families, said the chair of the House Financial Services Committee.

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FHA urges servicers to go easy on federal workers during shutdown

01/09/19

The agency wants mortgage servicers to extend special forbearance plans to those affected by the partial government shutdown and evaluate borrowers for loss-mitigation options.

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Servicers treating government shutdown like a natural disaster

01/04/19

As the government shutdown enters its third week, mortgage servicers are activating the response plans they normally use during hurricanes and wildfires to assist federal workers who may have trouble paying their mortgages.

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Challenges mount for mortgage lenders as shutdown persists

01/04/19

Borrowers and financial institutions may be feeling the strain from reduced operations at the FHA and IRS, which has suspended the release of certain income documentation during the budget impasse.

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FHA commissioner to serve as HUD's acting No. 2

12/17/18

The current deputy secretary of the Department of Housing and Urban Development, Pam Patenaude, will step down in January.

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FHA looking to extend multifamily risk-sharing program: Montgomery

11/27/18

The Federal Housing Administration's risk-sharing program with the Federal Financing Bank began as a temporary fix, but the agency is exploring how to make it more permanent.

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FHA's $14.4B problem; Danske whistleblower to speak

11/19/18

The agency's mortgage insurance fund has big potential shortfall; Howard Wilkinson can tell U.S. regulators and law enforcement agencies what he knows.

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Fannie, Freddie could fix what ails VA, FHA lending

11/16/18

The Trump administration should consider putting much of the subsidized mortgage lending done by the federal government under the government-sponsored enterprises to improve efficiency and transparency.

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