FHA

HUD plows ahead with effort to restrict down payment assistance

09/04/19

The Trump administration is not backing down even after a federal court blocked guidance that would have limited the operations of national housing funds.

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FHA revises proposed mortgage lender certification

08/15/19

The Federal Housing Administration updated its lender certification proposal originally issued this past May, as it looks to ease industry concerns on False Claims Act enforcement.

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HUD to loosen restrictions on FHA insurance for condo loans

08/14/19

The Department of Housing and Urban Development will remove some barriers to government-insured condominium lending next month, including a post-crisis measure housing industry groups have long pressed for a change to.

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FHA cracks down on cash-out refinancing

08/01/19

The Federal Housing Administration is aiming to limit the share of borrowers who have been withdrawing money from the value of their homes.

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Capital One hacker may've hit UniCredit; Equifax offer overwhelmed

08/01/19

The FBI is looking into whether Italy’s largest bank was also hacked; about 4.5 million people have already inquired about getting a cash settlement with the credit bureau.

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Mnuchin's former bank agrees to $100M redlining settlement

07/29/19

The Department of Housing and Urban Development approved a settlement in favor of the California Reinvestment Coalition against CIT Group's OneWest Bank, which was run by Steven Mnuchin prior to him becoming Treasury secretary.

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6 questions on the CFPB plan to end Fannie and Freddie’s ‘patch’

07/28/19

The mortgage industry was caught off guard by regulators’ decision to cease special treatment for Fannie Mae and Freddie Mac in complying with underwriting rules. But how big of an impact will the new policy have?

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Federal court blocks HUD guidance on down payment assistance

07/17/19

The ruling deals a blow to efforts by the Department of Housing and Urban Development to restrict nonprofit housing funds from operating on a national scale.

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House votes to protect VA loans, promote counseling for FHA borrowers

07/10/19

The chamber passed a bill that would clarify how certain loans backed by the Department of Veterans Affairs are securitized, and legislation encouraging first-time homebuyers to participate in counseling programs.

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Senators: Decision to halt FHA lending to DACA recipients is unacceptable

06/26/19

A group of Senate Democrats have called on HUD Secretary Ben Carson to reverse his agency’s opinion that borrowers in the Deferred Action for Childhood Arrivals program are ineligible for FHA loans.

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