HUD

FHA eases home warranty requirement for low down payment loans

03/14/19

The Federal Housing Administration is moving forward with a long-delayed plan to reduce the term of the home warranty required for high loan-to-value mortgages on new houses.

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Carson plans to leave HUD after 2020 election

03/05/19

The secretary of housing and urban development plans to "finish out this term" but wants to return to "the private sector because I think you have just as much influence, maybe more."

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FHA expands affordable housing pilot program

02/21/19

The agency's pilot program, designed to streamline mortgage insurance applications associated with the Low-Income Housing Tax Credit program, will now include applications for new construction and substantial rehabilitation.

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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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Departing Ginnie Mae head Bright to run securitization trade group

01/10/19

Michael Bright is resigning as acting president of Ginnie Mae to run the Structured Finance Industry Group, a trade association that's been without a CEO since Richard Johns resigned in July amid a reported split with the group's board.

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Ginnie Mae head's surprise resignation prolongs permanent leadership gap

01/09/19

Acting Ginnie Mae President Michael Bright will leave his post on January 16 and will no longer seek confirmation to be the permanent head of the mortgage secondary market agency.

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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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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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Waters likely to raise affordable housing’s profile in GSE debate

12/03/18

The Democrat, who will likely head the Financial Services Committee, has signaled she'll make expanded housing opportunities for lower-income consumers a top priority.

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