FHA

HUD, Justice Dept. aim to ease lenders' False Claims Act burden

10/28/19

The government has used the law to bring fraud claims against Federal Housing Administration lenders, but the new steps respond to criticism that minor offenders were also getting punished.

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FHFA's Calabria talks GSE footprint, coordination with other agencies

10/28/19

The regulator of Fannie Mae and Freddie Mac discussed steps the companies have already taken to limit their risk, as well as efforts to prevent housing market “overlap” with the FHA.

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Trump to nominate FHA's Brian Montgomery as No. 2 at HUD

10/08/19

The Federal Housing Administration chief has already been serving as the acting deputy secretary of the Department of Housing and Urban Development.

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GAO calls for more scrutiny of reverse mortgage servicing

09/26/19

The Federal Housing Administration should monitor reverse mortgage servicers more closely and track related data that would shed light on a rise in defaults, according to a Government Accountability Office report.

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There are better times ahead for mortgage finance

09/20/19

While many lenders lately managed their business expecting reduced volume, now they get to capitalize on extremely low mortgage rates. But today's benevolent conditions will not always be with the industry.

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Trump housing plan could have unintended consequences for FHA

09/19/19

The proposed reforms of Fannie Mae and Freddie Mac have gotten all the attention, but the administration also wants to scale back the Federal Housing Administration, expand its capital cushion and adopt risk-based pricing. Some of the ideas have former agency officials concerned.

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Ginnie Mae punished his firm. Now, Trump may put him in charge.

09/17/19

A mortgage industry executive with ties to a firm penalized in a U.S. predatory lending crackdown is being considered by the Trump administration to run Ginnie Mae, according to people familiar with the matter.

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'The assault here is on due process': Comments of the Week

09/12/19

Readers react to the Trump administration's release of a housing finance reform plan, a proposal by HUD to redefine "disparate impact," and challenger bank claims they can end bank fees for good.

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House passes five bipartisan financial services bills

09/11/19

The legislation takes aim at third-party bank service vendors, the backlog of FHA appraisals, rural housing assistance and other issues where there is broad agreement.

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HUD’s assault on fair lending

09/06/19

With its proposal to restrict disparate-impact claims, the Trump administration seems determined to solve a problem that does not exist.

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