FHA urges servicers to go easy on federal workers during shutdown


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.


Challenges mount for mortgage lenders as shutdown persists


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.


FHA commissioner to serve as HUD's acting No. 2


The current deputy secretary of the Department of Housing and Urban Development, Pam Patenaude, will step down in January.


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


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.


Fannie, Freddie could fix what ails VA, FHA lending


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.


FHA finances recover despite further reverse mortgage losses


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.


Reverse mortgage program remains threat to FHA’s financial health


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.


FHA eases document requirements for reverse mortgage insurance claims


The Federal Housing Administration is making it easier for reverse mortgage servicers to submit insurance claims by expanding the types of supporting documentation it will accept on defaulted loans.


Tough times for Wells' Sloan; Mega mortgages to the stars


Wells Fargo CEO tackles cost-cutting, job cuts and rumors he’ll be replaced; banks put up millions to keep uber-rich as depositors.


Fight over unpopular fair-lending standard rages long after court case


The Supreme Court upheld using “disparate impact” over three years ago. But with HUD weighing a policy change, banks and advocacy groups are still at odds over the court decision.