HUD

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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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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FHA finances recover despite further reverse mortgage losses

11/15/18

The mortgage insurer’s annual actuarial report showed strength in the agency’s capital reserves even though losses in the “home equity conversion mortgage” program are still a problem.

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Reverse mortgage program remains threat to FHA’s financial health

11/02/18

As the Federal Housing Administration prepares to release its annual actuarial report sometime this month, the industry is questioning how the reverse mortgage program fits into the agency's future.

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