Government Lending

HUD offers foreclosure relief to Texans saddled by floods

Disaster Relief, Flood, Foreclosure, Government Lending, HUD, HWmember, Mortgage, Regulatory, Scott Turner, Texas / Ricky Vasquez

Scott Turner, the secretary of the U.S. Department of Housing and Urban Development (HUD), announced on Tuesday a 90-day foreclosure moratorium for Federal Housing Administration (FHA)-insured single-family mortgages in the areas of Kerr County, Texas, that have been devastated by recent severe storms, including wind and flood damage. The 90-day moratorium prohibits mortgage servicers from […]

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FHA seeks input on buy now, pay later lending

Debt, FHA, FHA loan, Government Lending, HUD, HWmember, LendingLife, Mortgage, Regulatory, Underwriting / Ricky Vasquez

The Federal Housing Administration (FHA) has opened a request for information on buy now, pay later (BNPL) lending as it seeks to understand its implications for housing affordability and stability. Comments are due by Aug. 25. These installment loans — often referred to as “phantom debt” — gained popularity during the COVID-19 pandemic, particularly among

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FHA rescinds 12 policies as Trump pushes to cut red tape

Appraisals, FHA, FHA loan, Flood, Government Lending, HUD, HWmember, Mortgage, Regulatory, Regulatory Compliance, Scott Turner, Underwriting / Ricky Vasquez

As part of the Trump administration’s broader effort to cut regulatory burdens, the Federal Housing Administration (FHA) on Friday announced the rescission of 12 policies related to appraisal protocols, underwriter employment, flood risk management and other areas. Scott Turner, the secretary of the U.S. Department of Housing and Urban Development (HUD), which oversees the FHA,

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Senate version of GOP tax bill makes key changes to housing, federal lands sections

Congress, Government Lending, House of Representatives, Housing Market, HWmember, Montana, Nevada, Politics, Republican Party, Senate, Utah / Ricky Vasquez

Following its passage in the House of Representatives, the One Big Beautiful Bill Act — President Donald Trump’s signature domestic policy bill that includes tax reform provisions with major implications for the federal budget deficit — is going through a series of pronounced changes during the reconciliation process in the Senate. When a bill is

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MBA, FHFA explore single credit report for mortgages

credit report, Federal Housing Finance Agency, Government Lending, GSE Reform, GSEs, HWmember, LendingLife, Mortgage, Mortgage Bankers Association / Ricky Vasquez

While the Federal Housing Finance Agency (FHFA) under President Joe Biden proposed a transition from a tri-merge to a bi-merge credit report system, the Mortgage Bankers Association (MBA) is now assessing the feasibility of moving to a single credit report for mortgage underwriting. Bob Broeksmit, president and CEO of the MBA, wrote in a blog

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HUD signs agreement with South Korean housing finance agency to spur MBS investment

Ginnie Mae, Government Lending, HUD, HWmember, Mortgage, Scott Turner, Tariffs, Trump administration / Ricky Vasquez

The U.S. Department of Housing and Urban Development (HUD) and Ginnie Mae on Friday signed a memorandum of understanding (MOU) with a South Korean housing finance authority, with the goal of increasing investment in U.S. agency mortgage-backed securities. The agreement, signed with the Korea Housing Finance Corp. (KHFC), “underscores a shared commitment to expanding access

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HUD is light on reverse mortgage detail in budget justifications

Congress, Government Lending, HECM, HUD, HWmember, Mutual Mortgage Insurance Fund, Reverse, White House / Ricky Vasquez

Following the release of the president’s fiscal year 2026 “skinny” budget request — and a look at the White House’s performance expectations for the Home Equity Conversion Mortgage (HECM) program — the U.S. Department of Housing and Urban Development (HUD) has released its congressional justifications document to explain the reasons for its appropriations requests. Normally,

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Senate confirms Andrew Hughes as HUD’s deputy secretary

Ben Carson, FHA, Ginnie Mae, Government Lending, Housing Market, HUD, HWmember, Scott Turner, Senate, White House / Ricky Vasquez

Following his nomination for the role in March, the Senate on Tuesday confirmed Andrew Hughes as the deputy secretary of the U.S. Department of Housing and Urban Development (HUD) under Secretary Scott Turner. Hughes succeeds Adrianne Todman, who effectively served as HUD secretary for the final 10 months of the Biden administration. Todman left HUD

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HUD plans new time limits, work requirements for rental assistance

Government Lending, Housing Market, HUD, HWmember, NPR, Regulatory, Rental Assistance, USDA / Ricky Vasquez

The leaders seated earlier this year in the U.S. Department of Housing and Urban Development (HUD) are reportedly planning new time limits and work requirements for recipients of the department’s existing rental assistance programs, according to an internal document viewed by NPR. The document reportedly reveals that HUD is planning on limiting the amount of

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MBA’s Bob Broeksmit: ‘The CFPB is listening’ to industry concerns

Bob Broeksmit, CFPB, Fannie Mae, Freddie Mac, Government Lending, GSE Reform, GSEs, HWmember, LendingLife, Mortgage Bankers Association, Origination, Regulatory / Ricky Vasquez

The Mortgage Bankers Association (MBA) highlighted the deregulatory efforts of the Trump administration at its Secondary and Capital Markets Conference in New York this week, including work at the CFPB. But on the topic of releasing the government-sponsored enterprises (GSEs) from conservatorship, MBA president and CEO Bob Broeksmit said he isn’t expecting action anytime soon.

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HUD offers foreclosure relief to Texans saddled by floods

FHA seeks input on buy now, pay later lending

FHA rescinds 12 policies as Trump pushes to cut red tape

Senate version of GOP tax bill makes key changes to housing, federal lands sections

MBA, FHFA explore single credit report for mortgages

HUD signs agreement with South Korean housing finance agency to spur MBS investment

HUD is light on reverse mortgage detail in budget justifications

Senate confirms Andrew Hughes as HUD’s deputy secretary

HUD plans new time limits, work requirements for rental assistance

MBA’s Bob Broeksmit: ‘The CFPB is listening’ to industry concerns

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