HUD

5 ways a government shutdown will affect mortgage lending

01/19/18

Here's a look at what will happen at five federal agencies that support the mortgage industry if the government shuts down.

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Tech fixes will bring more business to FHA, top HUD official says

01/11/18

Adolfo Marzol, an official at the Department of Housing and Urban Development, is optimistic that technological improvements and other changes can help draw Federal Housing Administration lenders back to the fold.

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FHA faces uphill struggle to win lenders back

12/26/17

HUD Secretary Ben Carson has spent much of his first year trying to convince lenders they wouldn't be harshly penalized if FHA-guaranteed loans went bad. But he still has a ways to go.

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Senate confirms HUD nominees, but not Montgomery for FHA

12/22/17

Sen. Elizabeth Warren, D-Mass., and four other Democrats on the Senate Banking Committee are insisting on a recorded vote by the full Senate for the nomination of Brian Montgomery as Federal Housing Administration commissioner.

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FHA condo loans slipped under Obama. Trump’s HUD eyes a comeback

12/13/17

The Obama administration had tried to ease restrictions on the Federal Housing Administration's condominium program, but the agency under President Trump is seen as moving more aggressively.

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FHA borrowers pay steep price to keep reverse mortgage program afloat

12/12/17

The fundamental conclusion of the Federal Housing Administration’s fiscal year 2017 actuarial review is that the financial problems of the FHA Home Equity Conversion Mortgage program keep getting worse.

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FHA ceases approvals of PACE loans, citing taxpayer risk

12/07/17

The ban on financing properties encumbered by heating and cooling assessments will go into effect in 20 days, according to the Federal Housing Administration.

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U.S. cracks down on firms making predatory mortgages to veterans

12/07/17

The U.S. is taking steps to stamp out the practice of servicemembers and veterans being pressured into taking mortgages they don't need, a move that officials say will lower consumer costs and could lead to financial penalties for lenders.

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FHA premium cut still may not happen after Montgomery is confirmed

11/29/17

Brian Montgomery seems on his way to being confirmed to lead the Federal Housing Administration. But once he gets there, he may find it difficult to be as innovative as he was during his first stint as commissioner — particularly when it comes to reducing FHA premiums.

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Montgomery's FHA nomination clears committee, headed to full Senate

11/28/17

The Senate Banking Committee voted to advance the nomination of Brian Montgomery to serve as commissioner of the Federal Housing Administration, despite ongoing criticism from some Democrats that he is too close to the financial services industry.

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