An appeals court’s decision in Show Me State Premium Homes v. McDonnell has introduced uncertainty regarding the insurability of title following a nonjudicial foreclosure tied to an FHA-insured property.

The goal, FHA said in a new report, is to improve the quality and efficiency of its data and allow its program offices to better collaborate.

HECM servicing policy updates finalized; FHA ups 2024 loan limits; Ginnie Mae announces optional early closing date for multiclass transactions; FHA seeks comment on payment supplement final disclosure statement model document; new collaboration to offer homes for sale under FHA’s Claims Without Conveyance of Title second chance program.

FHA plans to reduce barriers to the 203(k)-rehabilitation loan program.

With a healthy reading on FHA’s Mutual Mortgage Insurance Fund, lender trade groups want further changes to FHA’s mortgage insurance premium policy. (Includes data table.)

FHA has added to its drafting table a revised proposed mortgagee letter on the planned Payment Supplement Partial Claim loss-mitigation program.

FHA Commissioner Julia Gordon said 2024 is all about execution.

Congress extends NFIP through Feb. 2, 2024; FHA proposes updated home equity conversion mortgage assignment claims eligibility policy; FHA extends waiver on face-to-face interviews with distressed borrowers; VA extends foreclosure moratorium for Hawaii wildfires; HUD OIG reports on HUD’s top management challenges.

The FHA Mutual Mortgage Insurance Fund remained healthy despite the 30-basis-point cut in insurance premiums earlier this year.

A recent jury decision against NAR, HomeServices of America and Keller Williams Realty may change how real estate agent commissions are structured.