Reverse mortgage program shouldn't be fixed on backs of seniors: FHA chief


Brian Montgomery is examining why the reverse mortgage program has suffered big losses, but he said he opposes any changes that could make it harder for the elderly to stay in their homes.


Housing fund can’t be barred from competing in Washington state: Court


An appeals court has rejected claims by a Washington state housing finance agency that the National Homebuyers Fund is limited to operating in California.


New commissioner, same uncertainty about FHA premiums


Some continue to doubt there will be a premium cut, while others say there's no telling which way Brian Montgomery will go.


Overhauling 'dark ages' FHA a must for housing reform, HUD says


Risk management and technology systems at the Federal Housing Administration lag decades behind Fannie Mae and Freddie Mac and desperately need to be revamped, according to a top official at HUD.


Waters bill would strengthen FHFA oversight of mortgage servicers


The bill aimed at helping struggling homeowners also requires documentation of servicer behavior and FHFA evaluation of the services provided to borrowers.


Senate confirms Montgomery as FHA commissioner


Montgomery was confirmed by the Senate 74-23 to serve his second stint at the FHA, where he previously was commissioner during the George W. Bush administration.


8 insights in the latest HMDA data


From falling originations to market share shifts for nonbanks and government loans, here's a look at key findings from the just-released 2017 Home Mortgage Disclosure Act data.


Wells Fargo’s penance: What’s been done, what’s to come


The latest fine from regulators is expected to be leveled against the bank as early as Friday. But it's far from the only penalty it has paid in recent years, and more may be on the way.


Manufactured housing giant endorses HUD's call for regulatory relief


The dominant player in manufactured housing lauded the Trump administration's review of construction standards, but other commenters worry the plan will undermine housing quality.


FHA is making progress on False Claims Act concerns: Carson


HUD Secretary Ben Carson told lawmakers that overly rigid False Claims Act enforcement had forced lenders to suffer financially for what were just minor errors, but that lenders' fears of being sued were dissipating.